Many homeowners that are considering a short sale often wonder if they have to be late on their mortgage in order for their lender to consider them a candidate for a short sale. I understand – many people have good credit scores, and don’t wish to have them plummet if its possible to preserve that […]
Tampa Bay Short Sales: What in the World is HAFA?
As a CDPE (Certified Distressed Property Expert) I get lots of questions about short sales – including – what in the world is HAFA? This video breaks it down a bit. Also check out this blog on HAFA’s guidelines here. If you are struggling to pay your mortgage and are seeking foreclosure alternatives, please contact […]
Ask a Realtor: Should I Short Sale My St. Petersburg Home?
Q: I bought my home in 2005 for $230,000. Now it is worth approximately $100,000 less than what I paid for it and I just lost my job and am struggling to keep up with the mortgage payments. Should I short sale or just let the bank foreclose, or do a deed-in-lieu of foreclosure with […]
