South Florida Short Sales Explained

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.

For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances:

• Financial Hardship
• Monthly Income Shortfall.
• Insolvency

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If you have questions or feel you may qualify for a short sale, please call me at (954) 343-3104 or Email me at Info@MichelleCanHelp.com for a free consultation.