Friday, October 7, 2011

Considering Listing Your Home/Condo As A Short Sale?

The last three years have taken its toll on consumers across the nation with economic woes and a declining housing market! Homeowners have found themselves upside down in their properties with the easy access mortgages of 2005-2007 far surpassing the current value.

The number of foreclosures skyrocketed and short sales have become an everyday way of life. Yet many owners have held on, diligently paying their mortgage payments through these difficult times. Often the answer has been to rent out the property to help offset the costs. Many have dipped into savings or their retirement in order to fund these properties that appeared so golden such a few years ago!

Although there are positive signs in the market that housing is stabilizing (see our blogs about local area market statistics), some owners have finally reached a breaking point where they simply cannot afford to support these properties any longer. If you are considering doing a short sale on a property you own, it is most important that you use seasoned professionals to help you. The PURTEE Team with Realty Executives can be counted on to get you the counsel you need and help through the process. We use a strong negotiator, with an attorney's guidance, to represent our clients through the short sale. The attorney will explain in detail options and consequences, along with what to expect along the way. Because we are thorough and surround ourselves with such a professional team, our success rate is extremely high! A new TESTIMONIAL was just added by one of our short sale sellers... see what he has to say and why you might want to consider listing with us. Email us at info@floridagulfproperty.com to set up a time to discuss your listing questions. We are here to help!

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