Florida Short Sales » Featured http://short-sales-of-florida.com Florida short sale help Wed, 02 Jun 2010 20:28:40 +0000 en hourly 1 http://wordpress.org/?v=3.1 Do I qualify for a short sale? http://short-sales-of-florida.com/03/do-i-qualify-for-a-short-sale/ http://short-sales-of-florida.com/03/do-i-qualify-for-a-short-sale/#comments Mon, 23 Mar 2009 17:55:24 +0000 Susan Milner http://short-sales-of-florida.com/?p=9 Are you upside down on your Florida property? Want to know if you’d qualify for a short sale?

The number 1 qualifying factor is: Financial Hardship

What determines a Financial Hardship? It could be a number of things; including, but not limited to:

  • Loss of income
  • Medical expense
  • Relocation
  • Death
  • Divorce

If you have a financial hardship and are upside down on your Florida mortgage you may qualify for a short sale. Your lender will request a financial statement (itemizing your assets and liabilities), a hardship letter & supporting documentation to determine your eligibility. Some lenders are more lenient than others and often times we will not know how they will respond until we submit a complete package to them for review. The review process can take anywhere from a week to 120 days (or longer) to hear back.

Just being upside down does NOT qualify you for a short sale. Lenders will not release you from your obligation just because you don’t want to owe more on a property than it is worth. They may work with you but only if you have a real hardship (reason why you can no longer pay your mortgage).

We are more than happy to speak with you in regards to your particular situation. We have worked with many homeowners and investors to short sale their properties in Florida. We cannot provide legal or tax advice but we can put you in contact with tax & legal professionals to answer any additional questions or concerns you may have.

We look forward to hearing from you.

Yours in Success,

Florida Future Realty, Inc.

Short Sale Division

239-542-8521

2816 Del Prado Blvd. S. Unit 2

Cape Coral, FL 33904

www.Florida-Future-Realty.com

Copyright 2009 Florida Future Realty, Inc. All Rights Reserved.

]]> http://short-sales-of-florida.com/03/do-i-qualify-for-a-short-sale/feed/ 1 Florida Short Sales http://short-sales-of-florida.com/02/short-sales-of-florida/ http://short-sales-of-florida.com/02/short-sales-of-florida/#comments Tue, 03 Feb 2009 04:05:44 +0000 Susan Milner http://short-sales-of-florida.com/?p=3 Are you facing a hardship? Looking for assistance? Considering a short sale?

Our members are all Florida licensed real estate agents.

All of our members have experience with helping sellers to sell their house as a short sale.

None charge any upfront fees.

All of our members are paid when your house sells & this fee is paid by your lender.

We look forward to working with you in this stressful and uncertain time.

Ready to get started?

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