Is a short sale on my Saint Petersburg home possible?

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Is a short sale on my Saint Petersburg home possible?

This is a question that can only be answered if I have a lot of information from you and your bank. Every bank has different guidelines and in today’s world, things change by the minute.

But to give you some kind of an idea, I will give you two examples

Projected sales of your house or condo is $300,000

One mortgage of $ 350,000

Unpaid property taxes $ 7000

Closing cost of $20,000

Yes, you have a good chance that the bank will agree to a short sale.

 

Projected sales of your house or condo is $300,000

First mortgage of         $ 270,000

Second mortgage        $ 40,000

Home equity line of    $ 40,000

Unpaid property taxes $ 7000

Closing cost of $20,000

You might have a problem doing a short sale. You have 3 different banks involved and most likely the second and third are not getting any money. This one takes a skilled negotiator.

Anne Hensel, Realtor, CSP, Short Sale Professional, working with homeowners and    buyers to successfully close a short sale transaction in Pinellas County Florida.

A lot of people here in the Saint Petersburg, Seminole area are facing a short sale situation, Waterfront properties on Saint Pete Beach or Treasure Island  as well as little homes in Seminole or Gulfport. Give me a call today and find out what your options are. Your short sale consultation is free of charge and confidential.

If you think about buying or selling a house or condo in the Saint Petersburg 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.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

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