Orlando Golf Realty is there for homeowners needing to do a short sale Davenport, Florida

Is it time to short sell your home?

What is a short sale? A short sale happens when the amount of the outstanding loans are greater than the value of the home. This could be due to many factors, but most commonly is a result of a rapidly declining real estate market.

Short sales can be a way for homeowners to avert foreclosure and pay off their loan with the lender by settling.


How do I proceed with a short sale?

First, find out the true market value of your home. For those whose finances are already strained, engaging a licensed appraiser may not be feasible. Therefore, a qualified local REALTOR®  that knows the current conditions of the Davenport real estate market and has the Short Sale and Foreclosure Certification is a sound way to get a reliable estimate of what your home could sell for.

When you're ready to get started, contact me through my site or e-mail me. I'm glad to address questions you have about real estate short sales.

Next, calculate your closing costs. As an experienced agent, I will consider fees like title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs upon closing.

Finally, call your lender and let them know of the situation. They may even have a dedicated department that oversees short sales. Ask about their specific steps. Some lenders will be more able to work with you than others. They may be able to reduce your loan principal or make other arrangements. Your lender will have to agree to the final sale.


Orlando Golf Realty 125 Ridge Center Drive Davenport, FL 33837
Phone: Fax:

First Time Buyers | Home Buyer Checklist | For Buyers | News | Selling Your Home | Home | My Blog

Copyright © 2012 Orlando Golf Realty
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.