South Florida Real Estate Happenings

"I just can't make my mortgage payments any longer" - Is this you?

Act now and avoid foreclosure.

Times are really tough.    Unemployment rates have reached double digits.    More and more families are

struggling to make ends meet.    Many of you in Coral Springs and surrounding Broward County cities

need to sell your homes but you owe more than what your home is worth.    What do you do?

  • If you have sufficient income your Lender may qualify you to have your loan modified. Whereas, some of you may not qualify for a loan modification. If you don't qualify for a loan modification, you can consider selling your home as a Short Sale.

Where do you begin in considering a Short Sale? Who can help you? What's involved in a Short Sale? 

       (a simplified summary follows)

First, you will need to list your home for sale with a Realtor. You will want a Realtor who specializes in Short Sales, like I do. I found a need quite some time ago when many individuals and families were struggling to make ends meet and were facing the devastating possibility of losing their home to foreclosure. I chose to play an active part in helping homeowners avoid foreclosure.  I have a very high success rate in gaining Short Sale approval from homeowners Lenders.(Read some of my prior posts here)

Second, your Realtor will find a Buyer for your home.

Third, a complete Short Sale package will be submitted to your Lender to include financials and a hardship letter gathered from you by your Realtor, the Buyer's offer and a market analysis.

Fourth, your Lender will review the Short Sale package submitted

Fifth, an appraisal value (called a BPO; Brokers Price Opinion) will be completed and placed on your home and compared against the Buyers offer.

Sixth, a final review of all will determine an approval or decline of the Short Sale offer. Counter offers may be involved in which case I, as your Realtor, will go back to the Buyer's Realtor to get them to agree to counter offer.

Seventh, once all parties agree to the sale and closing occurs. Closing typically takes place within 30 days.

Eighth, you now move on to better days ahead and know that the possibility exists that within two years you could be in a position to buy again through FHA financing guidelines if you remain in a favorable position going forward with your credit.

 Ninth, remember don't lose hope with your situation, act now.

Tenth, Call me as I'm here to help you avoid foreclosure and to help you sell your home as a Short Sale.

 

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The more you know,  the better prepared, the better the outcome.

Whether you're Selling your home in Coral Springs or Buying your home in Coral Springs or other Southeast Florida cities from Boca Raton south to Miramar, I promise to be on your side working hard for you as your Coral Springs Realtor and South Florida Realor. Helping homeowners with Coral Springs Real Estate and the Real Estate in surrounding cities such as Coral Springs, Coconut Creek, Parkland, Plantation, Pembroke Pines, Margate, Miramar, Tamarac and Sunrise in Broward county to the cities of Boca Raton, Delray Beach and Boynton Beach in Palm Beach county. 

 As your dedicated Coral Springs Realtor, Short Sale Specialist, Keller Williams South Florida Real Estate Agent, Coral Springs Short Sale Realtor, South Florida Short Sale Realtor and CDPE Certified Distressed Property Expert, I'm ready to work hard for you.

 Real Estate Promises Delivered

I'm looking forward to hearing from you soon. Please call me at 954-464-1100 or email me at: lynnp@ImagineYourHouse and it would be my pleasure to help you!

Learn more about me and Coral Springs Real Estate as your Coral Springs Realtor and Coral Springs Short Sale Realtor 

 

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+LynnPineda

Comment balloon 4 commentsLynn Pineda • November 14 2009 10:19PM
"I just can't make my mortgage payments any longer" - Is…
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Act now and avoid foreclosure. Times are really tough. Unemployment rates have reached double digits. More and more families are struggling to make ends meet. Many of you in Coral Springs and surrounding Broward County… more
That's our Policy and I'm sticking to it or should I say sticking it…
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How many times have you heard the popular phrase, "That's our Policy"? Don't you just love it when they are so willling to please? Don't you want to just tell them where to take their policy?! Are policies meant to be… more
9364 Wedgewood Lane on the golf course in Tamarac $120, 000
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To view more photos, please CLICK HERE Lynn Pineda | Keller Williams Partners Realty | 954-464-1100 &… more