Orlando Homeowners and Short Sales
Published On: August 16, 2012 Posted by: TownsRealty
Not all Orlando homeowners can waiting out the recession in the comfort of their homes. Some Orlando homeowners can no longer afford their monthly mortgage payments and others are facing foreclosure. Some homeowners may even have to relocate to find or keep their existing employment. In the current real estate market many Orlando homeowners have the painful prospect of selling their home for less than they owe on it.
The solution may be a short sale – negotiating a deal with your lender in which your lender will agree to accept less than full payment as payment in full. This may include the first mortgage, home equity loan or line of credit. Lenders are willing to agree to a short sale so they can skip the expensive foreclosure process.
Towns Realty has successfully closed hundreds of short sales and we can assist sellers with their short sale needs. Most homeowners have no clue on where to start or what a short sale is and a lender is likely to be more willing to listen to a real estate professional who knows current market values, the price and time frame for selling the property.
Towns Realty can list your home and negotiate the short sale of your home with your lender and it will benefit you in several ways:
- You will not have to pay a real estate commission to sell your home. Your lender pays the Realtors commission and your closing costs.
- You will have a knowledgeable Realtor by your side who will walk you thru the short sale process
- You will have your short sale negotiated with your lender or lenders at no cost to you.
- Short sale can be extremely emotional and stressful. A Realtor will take most of that burden of your shoulders.
Give us a call today for a free and private consultation.