There is a lot of misinformation regarding short sales and who qualifies and what is a hardship. Many people believe you have to be in dire straights and late on your mortgage in order to short sale your home and that's NOT TRUE! I just want to share a few of our recent success stories:
1.) St Pete Beach FL - We just closed on a short sale where there were 2 mortgages - 1st was Chase and 2nd was Suntrust - and our seller had a 200k income. This was not an easy transaction, but we were able to sell the house and the owner was released from any deficiency.
2.) St. Petersburg Fl - Sellers were current on their Wells Fargo loan and they have not had any decrease in income. However they were going to be relocated sometime in the next 18 months. Wells Fargo approved the short sale and released seller from any deficiency.
3.) Largo Fl - Seller had a Bank of America loan and she got married and moved into her husbands home. Bank of America approved the short sale and released seller from any deficiency.
The point is many people are surprised to learn that they may qualify for a SHORT SALE and that their lender may be willing to release them from any future liability. If you owe more on your house than its worth and you want to sell - GO TALK WITH AN EXPERIENCED SHORT SALE REAL ESTATE AGENT! You may be surprised - we have short sold properties for people with large incomes and large assets!!
Steve Capen
Keller Williams Realty
727-348-2211
www.pinellascountyshortsales.com
We just closed another Bank of America short sale and just received the following letter from the seller. This is why I love SHORT SALES!!
Steve and Sonya,
We just wanted to say thank you so much to all of you for the amazing
service you provided in the sales process of our home. I know it was a
lot of work and persistence especially dealing with the lenders, and I
was constantly impressed with the professionalism, kindness, and
patience you all demonstrated through the entire process. It is such a
huge weight off our shoulders to have this completed and we are going
to have a very large glass of champagne to celebrate this milestone.
I speak very often about you and your services and I hope other
business will come your way. Please know we very much appreciate and
know how much work you performed to get the job done.
Kind Regards,
Steven
Steve Capen
Keller Williams Realty
www.pinellascountyshortsales.com
727-348-2211
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