South Tampa Realtor
Investors Still On Tax Hook (Tampa Tribune (FL) (KRT) Via Acquire Media NewsEdge) For homeowners in trouble, a short sale can be a lifesaver. Lenders allow a house to be sold for less than is owed on the mortgage and then write off the rest. The homeowner just walks away. Unless the owner is an […]
Best Way to Respond to a Lis Pendens Foreclosure: If you want to explore the option of selling your home as a short sale to avoid foreclosure, you’ll want to respond to the foreclosure filing as soon as possible. Follow the instructions so you respond within the allowed time frame, and keep a record of all […]
Thinking of buying or selling a short sale house in the Tampa Real Estate Market? Have you heard horror stories on how much time it will take or how much it will cost? If you are a seller wanting to list your home as a short sale you should know the following: You are not […]
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 […]
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 […]
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 […]
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. […]
Tips for 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 […]
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. […]
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 […]
