Do you need to negotiate a short sale with Bank of America? If so you may be interested in reading about Bank of America's decision to loosen its policies on short sales.
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Showing posts with label florida short sales. Show all posts
Showing posts with label florida short sales. Show all posts
May 19, 2009
Apr 24, 2009
Is this a short sale? I want to buy a home but don't want to wait that long.
Q: Is this a short sale? I want to buy a home but don't want to wait that long.
It is not uncommon to be asked this question or a variation of this question by consumers who have found a home for sale that they are interested in. Buying a home subject to a short sale contingency is thought of by many as a transaction that takes forever to close if it closes at all.
The delays and slowness may be due to the lender, the inexperienced real estate agent or the seller. Regardless of who is to blame, home buyers have good reason to be cautious of short sale listings. Home buyers can ease some of the stress and fear of short sales by working with a real estate agent who fully understands the short sale process. Short sale contingency can many times equal homes being purchased at great prices. Having an agent assisting you who understands the process from beginning to end will allow you to take advantage of these great prices without the unnecessary delays.
Contact me to be connected to one of our agents who can help you purchase any home in Central Florida, even the short sale ones.
Related Florida real estate views:
Is your real estate agent showing you all the wrong homes?
It is not uncommon to be asked this question or a variation of this question by consumers who have found a home for sale that they are interested in. Buying a home subject to a short sale contingency is thought of by many as a transaction that takes forever to close if it closes at all.
The delays and slowness may be due to the lender, the inexperienced real estate agent or the seller. Regardless of who is to blame, home buyers have good reason to be cautious of short sale listings. Home buyers can ease some of the stress and fear of short sales by working with a real estate agent who fully understands the short sale process. Short sale contingency can many times equal homes being purchased at great prices. Having an agent assisting you who understands the process from beginning to end will allow you to take advantage of these great prices without the unnecessary delays.
Contact me to be connected to one of our agents who can help you purchase any home in Central Florida, even the short sale ones.
Related Florida real estate views:
Is your real estate agent showing you all the wrong homes?
Mar 11, 2009
Florida short sales market report
Search for a home
Florida short sales, selling the home for less than owed on the mortgage, continue to make up a large portion of the Central Florida real estate business. Home owners who find themselves upside down with their mortgage/home value and need to sell their home are finding that the short sale contingency is an available avenue.
Records indicate that nearly 10% of the total sold homes over the past 3 months in Polk, Lake, Volusia, Orange and Osceola were sold with a 3rd party approval contingency which usually indicates a short sale.
If you need to sell your home and would like to find out more about the short sale contingency, contact me for a private consultation.
Sold data Based on information from MFRMLS for the period 12-11-2008 – 03-11-2009.
Related Florida real estate views:
How can you avoid overpaying for a home in Florida?
Can a buyer using FHA financing make an offer on a short sale or foreclosure?
Orlando area short sales real estate agents
Florida short sales, selling the home for less than owed on the mortgage, continue to make up a large portion of the Central Florida real estate business. Home owners who find themselves upside down with their mortgage/home value and need to sell their home are finding that the short sale contingency is an available avenue.
Records indicate that nearly 10% of the total sold homes over the past 3 months in Polk, Lake, Volusia, Orange and Osceola were sold with a 3rd party approval contingency which usually indicates a short sale.
If you need to sell your home and would like to find out more about the short sale contingency, contact me for a private consultation.
Sold data Based on information from MFRMLS for the period 12-11-2008 – 03-11-2009.
Related Florida real estate views:
How can you avoid overpaying for a home in Florida?
Can a buyer using FHA financing make an offer on a short sale or foreclosure?
Orlando area short sales real estate agents
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