Tampa Mortgage News | Tampa Property Investor Buys Homes From Distressed Home owners

Tampa Short Sale Properties Purchased 

Realtors, do you have short sale homes for sale in Tampa or anywhere in the United States?? 

As a short sale specialist we buy homes that are in short sale or facing foreclosure. 

The home seller options we offer are available for short sale properties all across the United States for folks who are facing foreclosure.   The benefits to you and the homeowner are numerous.  For starters you will earn double the commission, up to 10% and no lower than 3%. Do not let the bank give you less than full commission, we pay more than full commission. We look for homeowners who are facing foreclosure or owes more than the value of the property and this offer is made within 24 hours of talking with you. The next benefit to you is that you do not have to spend countless hours on gathering paperwork for the short sale submission, chasing down the seller for missing documents and making phone calls the bank.  Not to mention the added frustration of working with a bank who doesn't return phone calls promptly.  Do what you do best, which is selling, instead of shuffling paperwork.

Benefits of Tampa Short Sale Solution Program

The benefits to the property owner are many.  Your home seller will have an offer submitted to the bank right away (as soon as we have their short sale paperwork).  With an offer in hand, the lender will want to talk about the short sale situation. Your home seller doesn't have to wait months hoping that an offer will come their way and may never get one, we make an offer right away.  We will negotiate that the bank settles the debt for less than what is owed and not report the account in their credit profile as a foreclosure. Since it is classified as a short sale, they are avoiding a foreclosure.   As you may know, a foreclosure prohibits them from buying a home through Fannie Mae for at least 5 years. A short sale will eliminate that problem.  We will also negotiate with the bank that they do not enter a deficiency judgment against the seller (not a guaranteed in all cases).  Knowing that the bank will not go after them for a deficiency judgment is a huge benefit. An unpaid judgment follows them around for 20 years. The creditor can attach this judgment to assets that the borrower has now or any that are obtained in the future. However, if the bank does want the seller to sign a promissory note, we have additional remedies

For further information, email or call Jim Costello specializing in Tampa investor and Tampa Short Sales  at 813.785.8602 cell.