Short Sale Help Center
Short Sale FAQ
What is a short sale?
Why is a short sale better than foreclosure?
How much does it cost to do a short sale?
How do I know if I qualify for a short sale?
What are some drawbacks to short sales?
How will a short sale affect my credit?
What if I have more than one loan?
How long does a short [...]
Every Foreclosure Moratorium Has A Silver Lining
It seems like every day we get new news about big banks and the housing market. We hear about bailouts, we hear about foreclosures, we hear about TARP – and most of the time, it’s not the kind of news we want to hear.
Then, every once in a while, we get the kind of news [...]
Condos Vs. Single Family Homes
One of the most common things people tell us when they’re considering a home in our area is that they haven’t decided whether they’d prefer a house or a condo. This question, though basic on the surface, is a complex and significant choice that will help determine many big factors in the real estate process [...]
Read More >>Short Sale vs. Foreclosure – Seller Information
There are a lot of really, really good reasons not to let the bank simply foreclose on your property; to name a few, short sales have significantly less impact on your credit score, you can often avoid a deficiency judgement with a short sale, and short sales don’t jeapordize any security clearance you may have. [...]
Read More >>Short Sale Tax Information
While there is a possibility that you will not have any tax liability after completing a short sale, there is also a possibility that the government will consider your debt forgiveness as income – and you may have to pay taxes on it. We can help you figure it out.
Read More >>Common Short Sale Documents
A list of documents most lenders will require from the homeowner in order to process their file.
Read More >>Foreclosure and Short Sale Alternatives
Homeowners in default do have options open to them beyond foreclosure and short sales. This list of less common alternatives can be just the ticket for owners who want to keep their homes or avoid repossession.
Read More >>Buying Short Sales Vs. Foreclosures
It’s an interesting market, to say the least. A simple internet search will turn up tons of listings that are tagged with ‘foreclosure’ or ‘short sale’ (incidentally, if you’re interested in foreclosure listings, you can sign up here for free Sarasota foreclosure lists delivered right to your e-mail.) Some of the prices look too good [...]
Read More >>How To Buy A Short Sale – Writing the Offer
A step-by-step approach to making an offer on a short sale
Read More >>How To Buy A Short Sale – Things To Know Before You Start
In my previous article, I talked about what a short sale is and why a bank would accept one. Now I’d like to get a little more in-depth and show you how to successfully buy a short sale.
What You Should Know Before You Start
First of all, let me say that short sales have come a [...]
