Home owner Short Sale information for Saint Petersburg.

It really doesn’t matter if you are in Saint Petersburg or anywhere else Florida and it doesn’t matter where your bank is. In a short sale situation, the bank might forgive the balance owed between the mortgage amount and the sale price. Might,that is right. They do not have to. You or your negotiator or Short sale Realtor want to make sure that the forgiveness is part of the deal. Be careful, if you hire someone to help you with the negotiations and the paperwork, they better know what they are doing, otherwise you can get in more trouble than you already have. I do not want to scare you, but it is important that you understand the whole short sale process or have someone on your side that does. Banks will try to get as much money as they can and they will try everything in the book. Home owners that face a short sale are often intimidated by all this and they are an easy target. So, be smart, get help and get it ASAP. If you think you might be upside down and might have to sell, call your Realtor and or lawyer now. The most important factor to a successful short sale is TIME.

Anne Hensel, Realtor, CSP, Short Sale Professional, working with homeowners and buyers to successfully close a short sale transaction in Pinellas County Florida.

A lot of people here in the Saint Petersburg, Seminole area are facing a short sale situation, Waterfront properties on Saint Pete Beach or Treasure Island  as well as little homes in Seminole or Gulfport. Give me a call today and find out what your options are. Your short sale consultation is free of charge and confidential.