What is a Short Sale ? I have a home in St. Petersburg Tampabay.
It doesn’t matter if you are in Saint Petersburg Florida or anywhere else in the US, also doesn’t matter where you bank is. In a short sale, the bank might forgive the balance owed between the mortgage amount and the sale price. Yes, I said might, they do not have to. You or your negotiator or Short sale Realtor want to make sure that the forgiveness is part of the deal. Be careful, if you hire someone to help you with the negotiations and the paperwork, they better know what they are doing, otherwise you can get in more trouble than you already have. I do not want to scare you, but it is important that you understand the whole short sale process or have someone on your side that does. Banks will try to get as much money as they can and they will try everything in the book. Home owners that face a short sale are often intimidated by all this and they are an easy target. So, be smart, get help and get it ASAP. If you think you might be upside down and might have to sell, call your Realtor and or lawyer now. The most important factor to a successful short sale is TIME.
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
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.