Interested in Orlando Short Sales or Are you needing to Short Sale your home?

As a certified distressed property expert I make it my mission and it’s my passion to help folks either get out of the burden of a mortgage they can’t pay or help buyers find a great short sales own.

Read More about the Foreclosure Fairytale

If you are currently behind on your mortgage or you’re not sure for your next mortgage payment is going to come from and you’re considering foreclosure, immediately call me to discuss options. There are other alternatives to foreclosure area I work on your behalf to discuss options with your lender and halt the stress of an upcoming mortgage payment.

Get the inside scoop with Loan Modification Secrets!

Short selling your home isn’t easy but it’s not difficult either. Communicating with your lender needs to be the first step in letting them know the difficulty you are having in paying your mortgage. They may have some mortgage modification options that allow you a lower mortgage payment or to skip a month or two. If you prefer to just get out of the property altogether, your lender with the help of a qualified short sale agent like me can help make the process smooth and closed as quickly as possible.

Options to Avoid Foreclosure

Reinstatement – This is the simplest solution for a foreclosure, however it is often the most difficult. The homeowner simply requests the total amount owed to the mortgage company to date and pays it; probably not the most convenient. This solution does not require the lender’s approval and will ‘reinstate’ a mortgage up to the day before the final foreclosure sale.

Forbearance – This allows homeowner to negotiate with the mortgage company to allow them to repay back payments over a period of time. You will make your mortgage payment plus a little of past payments owed.

Mortgage Modification – This involves the reduction of one of the following: the interest rate on the loan, the principal balance of the loan, the term of the loan, or any combination of these. This typically is one of the easiest for lenders and homeowners to do.

Refinance – Simply refinancing at a lower rate will allow the home owner to skip a payment and lower their monthly payment.

Deed-in-lieu of Foreclosure – This allows the homeowner to return the property to the lender rather than go through the foreclosure process. Lender approval is required for this option, and the homeowner must also vacate the property.

If you think a short sale is in your future please give me a call today.

Interested in buying a Orlando short sale?

Short sale homes are still owner occupied but using have to go through the lender to negotiate a price and contingencies. Buying a short sale is typically a smart financial move because most of them are priced lower than market value. The condition of the home really varies from minor cosmetic repairs to hazardous issues that need to be dealt with before you move in. Buying a short sale home doesn’t mean the lender won’t do anything on the inspection even if the listing says as-is. Negotiating with the lender takes the skill and experience of a short sale agent.

If you’re interested in purchasing a short sale property in Clermont, Minneloa, or Winter Garden Florida or anywhere in the Orlando area please give me a call today.