Helpful Tips for Florida Short Sale Sellers

Helpful Tips for Florida Short Sale Sellers

The process involved in a short sale can be very demanding and here are some helpful tips for Florida short sale sellers to prepare you along the way.

  • Find an experienced Florida short sale agent. You will want an agent who is an expert in handling short sale processes and negotiations, someone who can offer what you will need with their Florida short sale services.
  • Contact your lender as soon you identify possible difficulty in paying your mortgage. This will help you understand the potential consequences better, determine the amount you owe and prepare you with your options.
  • Make an effort to continue paying your mortgage while going through a short sale. This is recommended to lessen the amount of your debt, and the possible deficiency from the sale of your property. This also includes keeping your HOA payments up to date.
  • Negotiate a waiver with your lender to get you out of the deficiency. You will never find a lender who will not be willing to go through a settlement.
  • Be very clear and precise with you hardship letter. Make sure that you have necessary documents to support your claim.
  • Ensure that your Florida short sale agent will expertly provide an accurate market analysis to give your home an appropriate price, have all the documents necessary in the process, and market your home to its full extent.
  • Understand everything you sign, most especially any future obligations in terms of unpaid debt.
  • Be as cooperative as you can be. Keep the short sale process swiftly moving by responding to any required documents as quickly as possible.

Short sales can be very helpful; however, it can lead to critical consequences when not properly done. Let us walk you through the process, give you all the information you need, and provide you with all the necessary tools with our Florida short sale services.

Call Katerina Gasset at (561) 502-1577 today to get your Florida short sale question answered.

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