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A short sale occurs when a lender agrees to discount a loan balance due to an economic or financial hardship on the part of the borrower. A short sale is a negotiation done through the lender's Loss mitigation department. The distressed homeowner hires a Licensed REALTOR to list, market and sell the property for its current market value, even if less than the outstanding balance of the loan. Since the lender is receiving less than what it is owned, a short sale requires the lender's approval before it can reach closing.
The short sale of your home will result in a positive impact for all parties involved:
Positive #1: You will be able to avoid the devastating effects that a foreclosure will bring to your credit score, your job security and to your public record (foreclosure is a public record and can never be removed).
A short sale will possibly affect your credit rating, but accompanied by a good credit rebuilding plan, you will likely be able to own a home in 2 short years!
Positive #2: With a short sale, your current lender will avoid the extremely expensive foreclosure proceedings.
Positive #3: The buyer of the short sale property will be purchasing your property at a great value.
Positive #4: Your neighborhood will benefit by not having a bank owned property!
Patty DaSilva, CDPE © will guide you through the short sale process and help you decide if a short sale is the right decision for you and your family.
Short Sale Message board!
ou've made the decision to buy or sell a luxury home, and now it's time to select the real estate professional who can best assist you. Not all good agents operate effectively in the upper-tier market. It is a market segment that requires special competencies. As a member of The Institute for Luxury Home Marketing, Patty Dasilva is able to provide high quality service to her buyers and sellers of luxury homes.
Green Realty Properties (954) 667- SALE (7253)
Green Realty Websites:
Green Realty Properties
12555 Orange Drive
Davie, FL 33330
(954) 667-SALE (7253)
(954) 667-SALE (7253)
BROKER - Owner of Green Realty Properties, Inc. REALTOR®
Certified Distressed Property Expert©
Luxury Short Sale Specialist
RESS®, AHWD®, e-PRO®, GREEN , CFS, TRC
Buy, Sell, Rent Luxurious homes in
Contact Patty DaSilva, CDPE© for all your South Florida Real Estate needs!
South Florida Real Estate Listing Broker
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Patty DaSilva, CDPE