5 Common Short Sale Barriers

Handing Over Cash For House Keys and Short Sale Real Estate Sign in Front of Home.

Short sales can help homeowners stop foreclosure and help to keep their credit in a better situation. But, short sales can run into quite a few roadblocks. It is important to have a real estate professional that is well versed in short sales, can help to make sure this is a goal that is attainable, [...]

5 Common Short Sale Myths

Underwater Short Sale Words on Calculator

With the crash of the housing market in roughly 2007, we have all become familiar with terms like: foreclosure, short sale, mortgage debt relief, loan modification, and others. But, many of these ideas can still be shrouded in mystery to us. Short sales, particularly, have many myths surrounding them. Here is a list of 5 [...]

High BPOs on Short Sales Causing Rejections

BPO effect on Short Sale Approvals

A growing problem is interfering with short sales in Florida and causing many cases to be declined across the country. Here are the issues and the solutions. In most cases, short sales are approved by the investor based upon the net-to-lender proceeds being above a minimum threshold percentage of the fair market value. If it [...]

5 Ways to Avoid Foreclosure

avoid foreclosure tampa

For many homeowners in Florida, the worry of foreclosure is a very real problem. With Florida consistently being one of the top states in foreclosure numbers since the housing bubble burst. There are scores of homeowners seeking the ability to avoid foreclosure. There are actually a few options to stop foreclosure, granted the homeowner’s need [...]

Home Affordable (HAFA) Short Sale Guidelines Are Really Making a Difference

Home Affordable (HAFA) Short Sale Guidelines Are Really Making a Difference

The theory behind greater Tampa Bay area short sales seems simple enough: If a homeowner owes more money on a house than the house can sell for, and the homeowner is struggling to pay the mortgage, the lender will allow the house to be sold for less than is owed. For obvious reasons, lenders are not [...]

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