Selling Home as Short Sale

Short Sale Delays, Misconceptions, and The Truth-Part 1

This is a guest blog post from Michelle Schaefferkoetter at Stewart Title in St. Petersburg, Fl There are so many misconceptions about selling your home as a short sale these days, so I reached out to Michelle at Stewart Title to give our readers an insight on how the Short Sale process works and what you … Continue reading Short Sale Delays, Misconceptions, and The Truth-Part 1

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Hiring an attorney to represent you in a SHORT SALE?

Selling your home as a short sale in the Tampa Real Estate Market is no easy task. Clearly, negotiating a successful short sale is even more difficult. It will require countless hours of phone time and inevitable frustration. It is highly recommended that you enlist the services of a professional to perform negotiations on your … Continue reading Hiring an attorney to represent you in a SHORT SALE?

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BOA Deadline For Short Sale Incentive Approaching Soon-Tampa, Fl

Here’s the latest update on Bank of America’s short sale incentive program. Thanks to Mark Puente with the St. Pete Times, we now have more clarification on how the program works, deadlines, payout amounts and qualification process. The biggest disappointment is that homes already under contract are not eligible for the cash assistance. When do I have to … Continue reading BOA Deadline For Short Sale Incentive Approaching Soon-Tampa, Fl

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Bank of America Offers Homeowners up to 20K Incentive To Sell As A Short Sale-Tampa, Fl

It was only a matter of time before other banks started offering incentives to homeowners to sell their home as a short sale. Chase Bank started the trend and now Bank of America (BOA) has started offering Florida homeowners who are underwater anywhere between $5,000-$20,000.00. Even better HAFA is offering $3,000 towards moving expenses. … Continue reading Bank of America Offers Homeowners up to 20K Incentive To Sell As A Short Sale-Tampa, Fl

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4 Questions To Ask When Contemplating a Short Sale

Tips to selling your home as a short sale in the Tampa Bay Area: What is a short sale? In basic terms, a short sale in real estate is selling your home for less than what you owe the mortgage company. This is often defined by the term being ‘Underwater’ In order to qualify, you’ll … Continue reading 4 Questions To Ask When Contemplating a Short Sale

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Chase Bank Offering Cash Incentives To Sell As A Short Sale

Did you see the report on Tampa’s Fox News today? One homeowner was offered 30K in cash to sell their home as a short sale. If you received a letter from Chase Bank offering you an incentive to list your home as a short sale you will need a Certified Property Distressed Property Expert Agent. … Continue reading Chase Bank Offering Cash Incentives To Sell As A Short Sale

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What Will YOU Do When Your Interest Only Loan Expires in 2011?

Those of you who got interest only loans back in 2005 for a 6 year or 7 year term will need to make an important decision soon. Well, it may not be as easy as you think. 1. REFINANCE? You may say, “I’ll just refinance I have good credit.” Sorry to say that if you have an … Continue reading What Will YOU Do When Your Interest Only Loan Expires in 2011?

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What Does a Bank Approved Short Sale Mean?

Great question from one of my buyers. Don’t be mislead when purchasing a short sale… When a short sale says “Bank Approved” does that mean it is an easier process than a traditional short sale? It could be a shorter process but there’s no guarantee. I always ask the Realtor to supply written documentation of … Continue reading What Does a Bank Approved Short Sale Mean?

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Don’t Know Where to Start? Tips for Selling Your Home as A Short Sale-Tampa, Fl

Short Sales…A Rising Trend, find out your options and how to determine if you are a qualified candidate to sell. Throughout Florida, the number of sellers facing financial difficulties is clearly on the rise in all price brackets. Many owners holding adjustable rate mortgages (ARMs) or interest-only loans are finding it tough to keep up … Continue reading Don’t Know Where to Start? Tips for Selling Your Home as A Short Sale-Tampa, Fl

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The INSIDE SCOOP on Short Sales-Tampa Bay Statistics, How a Short Sale Works and more..

This is one of the BEST examples of how a short sale works that I’ve read in a long time. If you haven’t read up on exactly how the process works this is a great place to start for both buyers, and anyone considering hiring a listing agent to sell their home. All Realtor’s … Continue reading The INSIDE SCOOP on Short Sales-Tampa Bay Statistics, How a Short Sale Works and more..

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Do You Qualify to Sell Your Home as a Short Sale? Q & A-Tampa, Fl

Here’s some guidlines to determine if your home would qualify as a short sale. The services of hiring an attorney can greatly decrease the time it usually takes to handle all negotiations and paperwork needed to submit to the bank. When you list your property with Prudential Tropical Realty and give us permission, we can … Continue reading Do You Qualify to Sell Your Home as a Short Sale? Q & A-Tampa, Fl

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