Orlando Real Estate - Blog

Orlando Short Sale in 6 Steps

Through no fault of their own, many find themselves in a real estate distress situation. If you have no equity or owe more on your property than it’s currently worth, then a short sale might be the best solution. We negotiate with your lender on your behalf to get approval for a short sale. We will also get the lender in most cases to pay all sales costs, title fees, escrow in addition to our sales commissions. 

1. Find out if a Short Sale fits your individual situation. Get prequalified. We offer a free phone consultation with one of our short sale specialist team members.
2. Complete a listing agreement and we aggressively market your property for sale.
3. A hardship Package is completed and submitted to the lender.
4. When a purchase offer is received, it’s submitted to the lender for approval.
5. Our professional mitigation team negotiates with the lender and buyer until a sale is approved.
6. Once approved, the file moves to closing.

The short sale process can be very complicated, one that requires patience, persistence and a great deal of experience. All lenders prefer to work with Realtors who have mastered the intricacies of short sales. We will PROTECT your interests, financial information and documentation at all times. After your transaction is complete you will be released from all obligations under the mortgage, current and in the future. Also, as long as this property is your primary residence, you may be released from all IRS tax obligations for the forgiven debt (consult your tax advisor). Given the fact our professional short sale services are provided to you at NO COST, if you feel a Short Sale may be the best option for you, call us today for a FREE – NO OBLIGATION consultation.

Short Sale Orlando   Orlando Foreclosures


Posted by Orlando Realty Experts on October 6th, 2008 3:17 PMPost a Comment (0)

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Orlando Realty Experts: Provides services to home buyers and sellers in Orlando Florida, including FREE Orlando MLS (multiple listing service) search, Orlando new construction homes, preconstruction property, foreclosures, short sales and distressed property in Orlando FL. We are experienced real estate Orlando agents and  brokers that can represent you in the buying process as a buyers agent or help you in selling a home in Orlando. About Us - Location 

Orlando Short Sale Center: A short sale in Orlando offers homeowners a way to avoid foreclosure and help save their credit.  We have a team of licensed Orlando Realtors and loss mitigation experts who specialize in pre-foreclosures and the short sale of all types of property. 

All our agents are licensed by the State of Florida DPBR; active members of the Orlando Board of Realtors, Florida Association of Realtors and National Association of Realtors.  


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