If you think foreclosure is your only option - think again.
If you are feeling there is not any other option but foreclosure – know that you are not alone. Thousands of homeowners in Florida are facing the same challenges as you are right now. I am here to help you find alternative solutions.
You need someone who wants to help you.
I do understand the difficult choices you are facing everyday regarding your family, your life and your home. If you feel you are in a discouraging situation that came as a result of conditions beyond your control, I can help you. If you allow me to share with you how I have assisted my other clients avoid foreclosure, you will be relieved to know that my expertise and knowledge base as a Florida real estate agent will provide you with options.
Short Sale
If you owe more than your home is worth, and don’t want to declare bankruptcy or face foreclosure, then a short sale of your home is the best option. A short sale does have potential tax implications.
Congress recently passed and the president signed a law that likely releases you from any tax implications of a short sale. Talk to a qualified tax attorney or CPA about this for your particular situation. If you like, I have a quality referral for you to handle the tax implications of your short sale.
Please be aware of any company claiming that they can guarantee they can stop foreclosure no matter what you owe. The Federal Trade Commission recently compiled a list of warning signs that a “foreclosure fixer” company may be a scheme. Those warnings include any company that requires your to pay for services upfront, tells you to send mortgage payments to it directly, or asks you to turn over the property or deed, or tells you to avoid contacting your lender directly.
Short selling your home is not a decision you should make lightly. It is often a complicated and lengthy process. If you are successful the benefits are great. The difference between what you sell the house for and what you owe is most likely to be forgiven. You'll also avoid a Foreclosure on your credit record.
Are you tired of calls from:
· Investors trying to take advantage of your situation?
· Fake government modification programs?
· Foreclosure rescue and refinance fraud?
· Leaseback / rent-to-buy scams?
· Bankruptcy scams?
- Debt-elimination schemes?
How do you get a Short Sale?
Banks or Lenders do not initiate Short Sales, sellers and Real Estate Agents do. Banks and Lenders have to be sold on the idea that it is in their best interest to do a Short Sale!
The benefit to you of a Short Sale with Hopkins Team at Coldwell Banker as your Agent is that they are no costs to you! The lender pays our fees when the home sells. It is hassle free. We also have a great Title Company called Nationwide Land Title that has an attorney on staff that negotiates the short sale for you at no cost to you. They handle the closing and that is how they get paid.
I am an experienced Short Sale negotiator and my team and the title company will deal with the bank on your behalf. Because there is often so many different entities involved in a mortgage (1st mortgage, 2nd mortgage, the investor on the loan, etc) you really don’t want to do this on your own, with no experience. You get the benefit of an experienced team of professional Realtors. We are local to you and a nationally respected real estate company.
As a Short Sale Specialist Agent I will tell you what you need to do to get the house ready to sell. Don’t get too hung up about the price. I will set the price of the house at market value, to get an offer very quickly. It can take 4 -6 months from when we the offer is placed to when the closing takes place.
Because your closing date may not be set in stone, you need to be prepared to leave your home quickly if needed. It’s advisable to sell anything you don’t need or haven’t used in the last 6 months. The less you have to deal with on moving day the better. Online resources like www.craigslist.com are useful for disposing of things you no longer need.
You will receive solicitations from everyone and their mother. You may have people stop by your home while you are still there. It can be a very difficult process.
Make sure you have people in your life to talk to about your situation. You will need a support network to help through this time in your life. It will pass. And you are being proactive in seeking a short sale of your home. You are taking the right steps, and in time, everything will work out. I can’t promise it will be easy, but you will make it!
To explore the potential benefits a Short Sale may have for you just call me so we can arrange our first meeting. The initial consultation is FREE to review your situation. The longer you wait to get started with the short sale process the less chance you of success.
In order to maximize our initial phone call to so I can begin to plan your strategy please has ready for me the following information:
1. Your name and all names on t mortgage(s)
2. Email address required
3. Best contact number
4. Best time to call
5. Property Address, City, State, Zip Code
6. Mortgage Balances
7. Any additional information
