Confused about Short Sales in St. Petersburg?
You are not alone! St. Petersburg Florida has see a lot of short sale listing lately and, yes, the concept has been around for a long time, but even I as a Realtor have not run into one for the last 10 or so years. Now they are everywhere.
So, since I am one of these personalities that “NEEDS” to understand everything, early last year I went to a seminar on short sales. Guess what, they could not even answer half of my questions.
Every second time I heard, “well, you got to talk to the bank about this” As you can imagine, I was very disappointed, but now I was one a mission to learn more. Since than my office has done quite a few short sales, on the buyer’s site and the seller’s site and what I learned in the very beginning is true.
YOU HAVE TO TALK TO THE BANK.
Every bank, lender or financial institute has a different policy on short sales, different time frames, and different attitude. It is complicate and can be very frustrating to find your way through this “Jungle”, but it can be done.
The key is persistence and focus and timing.
If you are the buyer or seller find a good St Petersburg Realtor or lawyer to assist you. This is important. Take one piece of advice from this post.
Short sales in St Petersburg can be done successfully, but do not think you can do them alone.
You need a professional at your site.
If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.