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Broward Luxury Short Sales
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1 Understanding how you are affected by a Short Sale vs. Foreclosure. 2 Understanding what a Short Sale is and How it Works. 3 What is a Deficiency Judgement? 4 What happens in a Foreclosure? 5 How good average families end up in a Foreclosure. 7 Mortgage Modification Explained. 8 Explanation of being Upside Down. 9 Arm's Length Transaction Explained. 10 Redemption Period Explained. Licensed Real Estate Broker. Office: 954-274-0593 Fax: 954-337-5959.
browardluxuryshortsales.com
Broward Luxury Short Sales
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Many of the homes for sale today - as many as half in some markets - fall under the category of distressed properties. These are homes that have either gone through foreclosure or are being marketed as short sales. In a short sale, the homeowner can't afford to maintain the mortgage, but the lender - rather than foreclosing - agrees to the sale of the property for less than the balance of the loan. Find a RE/MAX agent in your area. Is a distressed property for you? Here are pros and cons of buying one.
browardluxuryshortsales.com
Broward Luxury Short Sales
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Licensed Real Estate Broker. Office: 954-274-0593 Fax: 954-337-5959. Bridgestone Realty-Serving Broward, Dade and Palm Beach County.
browardluxuryshortsales.com
UpsideDownUnderWater Real Estate
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Licensed Real Estate Broker. Office: 954-274-0593 Fax: 954-337-5959. Bridgestone Realty-Serving Broward, Dade and Palm Beach County.
browardluxuryshortsales.com
Broward Luxury Short Sales
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A Certified Distressed Property Expert (CDPE). Has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. CDPEs. Can provide solutions, specifically short sales, for homeowners facing market hardships. Have the tools to help homeowners find the best solutions for their unique situations and to avoid foreclosure through the efficient execution of a short sale. Select an agent with the CDPE.
browardluxuryshortsales.com
Broward Luxury Short Sales
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What’s Your Home Worth? Get A Free Comparative Market Analysis (CMA) Now! A Comparative Market Analysis (CMA) is a report prepared by a licensed real estate agent and is not an appraisal; it is merely an estimate of the current value. Lesser-cost items do not have much effect on the prices and need not be considered. Licensed Real Estate Broker. Office: 954-274-0593 Fax: 954-337-5959. Bridgestone Realty-Serving Broward, Dade and Palm Beach County.
browardluxuryshortsales.com
Broward Luxury Short Sales
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If you are facing foreclosure and can no longer afford your home, you may qualify for a Short Sale even if you don’t think you can (or haven’t been able to) sell your home. What is a Short Sale? A Short Sale is an alternative to foreclosure and may be an option if:. You are ineligible to refinance or modify your mortgage. You are facing a long-term hardship. You are behind on your mortgage payments. You owe more on your home than it’s worth. What are the benefits of a Short Sale? If you qualify for this ...
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Broward Luxury Short Sales
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Are you behind in your mortgage payments, or concerned that you soon might be? Have you received a pre-foreclosure letter from your lender? First of all, don't be ashamed. Millions of homeowners are in your situation many times through no fault of their own. A job loss, a serious illness or other circumstances can put you in danger of foreclosure. Many lenders would rather not foreclose. They take a large financial hit on a foreclosure. So in many cases, they'll consider viable alternatives. ...While onl...
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Broward Luxury Short Sales
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Licensed Real Estate Broker. Office: 954-274-0593 Fax: 954-337-5959. Bridgestone Realty-Serving Broward, Dade and Palm Beach County.
browardluxuryshortsales.com
Broward Luxury Short Sales
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But to be technical, here's a more official definition:. A homeowner is 'short' when the amount owed on his/her property is higher than current market value. A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage. There is a situation causing you to have trouble affording your mortgage.