Cape Coral, Fort Myers, Estero, Bonita Springs and Naples Real Estate
AVOID FORECLOSURE BY DOING A SHORT SALE
A Lee County Florida is currently ripe with opportunities for Short Sale Listings. By AVOIDING FORECLOSURE , ALL PARTIES WIN!!! Lenders are approving more Short Sales to avoid the added expenses of a foreclosure, Sellers avoid the extended distress of a foreclosure, and Buyers acquire property at often lower than market values.
Edson Bezerra works aggresively in managing his Short Sale files, either for the Seller, the Buyer, or both. Each step is followed up on and all parties receive regular updates or inquiries for updates. Communication is the key in solving any problems along the way. Edson strives to address the problem, resolve the problem, and move on to the next step... ultimately to a succesful CLOSING!
What is a Short Sale?
A mortgage short sale is an option to prevent foreclosure. Here your lender agrees to sell the house to a third party for less than what you currently owe on your mortgage. Short Sales have become a much more common practice due to the recent economy. Whether you are short selling a$100,000 home or one over$1 Million, BoardWalk Realty can assist you. Short selling your home will not cost you a penny and it can save your credit. Your lender may even pay your moving expenses.
The short sale process is less traumatic than the emotional impact and social stigma of a foreclosure. The goal of a short sale is to help you avoid foreclosure if you are no longer able to remain in your home. In the short sale process, you sell your home and settle your mortgage debt for less than the amount that you owe. The process of a short sale has advantages to both the lender and the borrower. For the bank, the short sale process usually results in a cost savings, as it will avoid administrative and foreclosure costs. For the borrower a short sale may enable the borrower to save their credit rating and no longer obligate them to pay anything further on the property.
In a short sale, the banks pay the real estate commissions and closing costs associated with closing the sale. So if you’re concerned that you don’t have the money to pay the real estate commissions don’t worry. The biggest issue is to help you figure out how to avoid foreclosure. If it’s in your best interest to do a short sale, then get going with the short sale process.
A short sale is ideal for homeowners who are unable to pay their mortgage and do not want to go through foreclosure. Short selling a property is easier on your credit verses a foreclosure or bankruptcy declaration. Lenders can offer $3,000 for borrower relocation assistance if you qualify for the HAFA program (Short Sale Program is scheduled to end December 31, 2012).You could actually get paid cash by the lender to short sale your home. $3,000.00 would cover moving and relocation expenses.