More than half of Fla. homeowners in default are 2 years overdue
More than half of Florida homeowners in foreclosure have not made a mortgage payment in two years or more. That’s higher than the national average and one indication of why banks are paying borrowers up to $20,000 More...
What is a Short Sale?
In a short sale, the amount owed to the lenders is more than the home can be sold for. Usually the home owner would need to bring money to the table in order to be able to sell the property. In a short sale however, More...
The Short Sale Process
A short sale is a complex process that can take months to complete. First you need an experienced Real Estate Agent who will guide you through the whole process. Your agent will be putting your property on the market. More...
How does this affect my credit?
Remember the purpose of a short sale is to avoid a foreclosure. A foreclosure on your credit report will make a severely negative impact, not to mention it will stay on your credit report for at least 7 years. A More...
How do I know if I qualify for a short sale?
Typically homeowners sell their home as a short sale due to a financial hardship. Hardships include but are not limited to: Illness or injury, job loss, forced relocation, divorce or unforseen adjustment in living More...
Cash Rewards for Struggling Homeowners
Considering a short sale on your home? Please read the following and be informed about what might be available to you as a distressed homeowner: Distressed properties are accounting for a big share of existing home More...