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Today I would like to chat with you about what exactly a short sale is. Simply put, a short sale is the sale of a property for a smaller amount than what is really owed. The bank accepts a smaller amount than what is due to them.
Usually, the follow up question to that is “How do you meet the criteria for an Orlando Short Sale?” There is no qualification procedure. You don’t have to call your lender to ask for permission to perform a short sale in Orlando. There are many reasons why you might choose to execute a short sale.
-You might have lost your job
-You have had a death in the family unit.
-You are retiring.
-You have had a decrease in wages.
-You have recently gotten married and are consolidating houses.
-You are beleaguered by debt
-You have to relocate for a job or a different reason.
There are a large number of reasons that someone might want to do a short sale. Actually, the key reason that someone might desire to do a short sale is because you want to sell your Orlando home and you owe more on your property than what it is valued at.
To the right is a link for our short sale package. If you are doing any investigation into short sales, you need this package. You aren’t obligating yourself to hire my team. This package is basically a precise description of what is involved in completing a short sale. It clears up the short sale process for you and provides you a little information on what a short sale is. The best part, it’s totally free. Thank you for stopping, and have a terrific day!
Get more help from short sale expert, Mark Alan Adams, at Orlando Short Sale Expert presented by the Short Sale Specialists of Orlando