Cape Coral Short Sale Expert

 (1) Lenders prefer short sales because they are not in the business of managing and owning property and short sales are less expensive than completing the foreclosure process.

(2) Successfully closing a short sale allows you to close the current chapter of your life and start out fresh with a new chapter. Everyone deserves a new fresh start, after all it's not your fault the economy tanked and your home value dropped drastically and your stuck with not being able to make your monthly obligations. Your not alone !

(3) Many banks and mortage companies are offering cash at closing for successfully closing your short sale.

(4) Your credit score can be rebuilt over a period of time , but it can only start after you stop the bleeding of your current hardship that is taking a toll on your credit score. A Foreclosure or a Bankrupcy makes this journey a lot longer and harder for many people.

(5) A release of any future defishency is a huge deal ! This allows you to move your life forward without ever having to worry for the rest of your life if the bank would come after you  in court for the remaining loan balance. Your piece of mind it put to rest !

Cape Coral , Fort Myers , Bonita Springs and Lehigh Acres Short Sale Help Information

Joe Kendall, Broker Associate with Sandals Realty  talkes with NBC-2 and Abc-7 in Southwest Florida about Short Sales.

Cape Coral, Fort Myers and Lehigh Acres Florida. successfully closing a Short Sales is a way to move on with your life and move forward without ever having to worry about the bank coming after your future !

Why Do The Banks Accept a Short Sale?

(1) The mortgage is in arrears better know as in Pre-Foreclosure or is currently scheduled for Foreclosure Proceedings at the local court house/ tax collectors office.

(2) The property is in very poor condition and is not worth much more then land value or the home owner is in a  hardship and the seller can prove with documentation they are in a hardship can no longer able to afford the payments or can not catch up the mortgage payments.

(3) The Bank’s Stockholders, Management or maybe even the Board of Directors are concerned about their REO  Inventory ( bank owned ) when there are too many defaulting loans in the same city or community.

(4) The bank review their inventory monthly,  if they are  setting on to many faulting loans on their books  they could agree to accept several short sales! Many times it goes according there books and not on a loan to loan case bases like many people think.

(5) Too many homes that are bank owned setting on vacant homes that are a liability to the lender ! Banks and mortgage companies normally do not place property insurance on  their bank owned properties.

Have questions about Bank Short Sales? I can help you with understanding the process!

I look forward to taking to you.