SHORT SALES

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For various reasons, many homeowners owe more money on their homes than the property is worth. You have heard terms like under water or upside down, but the real estate phrase is over-leveraged. Over-leveraged property is problematic and expensive for the owner and the lender.

The owners, especially those having difficulty repaying their mortgage, are either unable or not motivated to maintain or improve the property. Good stewardship goes unrewarded.

Lenders do not want to foreclose because the properties under-perform, which means they cost money without a return on investment, the added expense hurts bank liquidity and lowers asset values. Real estate lenders are not interested in losing real book value.

How can these situations resolve?

The short sale is when your mortgage bank agrees to take less than what is currently owed on the unpaid balance. A short sale can provide mutual benefits for both the homeowner and the bank because it helps both parties avoid foreclosure.

The lender releases the property from the entire mortgage lien, the new owner receives full and clear title to the property at the current market price, and the seller reduces or eliminates their debt load. A win-win-win compromise.

The best reasons to consider our Orlando Short Sale Services:

    • Absolutely No Cost to You. Nothing to lose by trying
    • You owe more money on your house than it’s worth
    • Your payments have drastically risen because of an adjustable rate mortgage.
    • You lost your job or are experiencing some other type of financial hardship.
    • You want to avoid the devastation of having a foreclosure on your credit for the next 10 years.
    • You need to get out of a bad investment and move on with your life.
    • Homeowners have everything to gain by developing an exit strategy for over-leveraged property.
    • Let us get you a fair offer on your Orlando home and we can take the weight of the world off your shoulders.
    • The seller can remain in the house during the process without making payments
    • Closing costs and realtor commissions are paid for by the lender

Call me today (407) 595-2811 or Fill out the Sell Your House Fast Form

Getting a free, no-obligation cash offer from me is simple!
Simply fill out your home’s information and allow 24 hours to research your property and make an estimated valuation.

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