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How to Respond to a Lis Pendens Foreclosure Filing. Is a Short Sale the Solution?

short sale realtor tampa

Best Way to Respond to a Lis Pendens Foreclosure: If you want to explore the option of selling your home as a short sale to avoid foreclosure, you’ll want to respond to the foreclosure filing as soon as possible. Follow the instructions so you respond within the allowed time frame, and keep a record of all […]

Posted in: Selling Home as Short Sale, Short Sale vs Foreclosure, Short Sales Tampa Tagged: How to avoid foreclosure, Short Sale Process Tampa, Short Sale Realtors Tampa, Short Sale vs Foreclosure

How Much Time Will It Take to Buy or Sell a SHORT SALE? Tampa, Fl

Thinking of buying or selling a short sale house in the Tampa Real Estate Market? Have you heard horror stories on how much time it will take or how much it will cost? If you are a seller wanting to list your home as a short sale you should know the following: You are not […]

Posted in: Bank Owned and Short Sale, Selling Home as Short Sale, Short Sale Realtors Tagged: Short Sale Process Tampa, Short Sale Realtors Tampa, Short Sales Tampa

Tampa Short Sales makes HGTV’S frontdoor.com top 10 Real Estate Nightmares List

Top Real Estate Nightmares My article for HGTV’s frontdoor.com, Top Ten Real Estate Nightmares, came in at #7 on the top ten list and has been the most viewed article on my blog in 2011! Learn how you can avoid these hair-raising real estate horrors By Shannon Petrie, FrontDoor.com Buying a short sale?  Be prepared […]

Posted in: Short Sales Tampa Tagged: How to buy Short Sales, Short Sale Process Tampa, Short Sale Realtors Tampa, Short Sales Tampa, timeframe for short sales

3 Things The Bank Won’t Tell You About Loan Modifications And Why They Fail

Here’s The Top 3 Myths Of Loan Modification Programs And What You Should Know Before You Start!  Maybe you’ve heard a good option for foreclosure is a loan modification.  Maybe you’ve even gotten letters in the mail by an attorney trying offering their services asking you to pay money upfront.  Here are some critical things to know if […]

Posted in: Real Estate News & Info, Short Sale Realtors Tagged: loan modification, Short Sale Process Tampa, Short Sale Realtors Tampa

4 Questions To Ask When Contemplating a Short Sale

short sale tampa

Tips for selling your home as a short sale in the Tampa Bay Area: What is a short sale? In basic terms, a short sale in real estate is selling your home for less than what you owe the mortgage company. This is often defined by the term being ‘Underwater’ In order to qualify, you’ll […]

Posted in: Selling Home as Short Sale Tagged: How to sell as short sale, Short Sale Process Tampa, Short Sale Realtors Tampa

Short Sale or Death-Which Will Happen First? Advantages of Buying Foreclosures

Homebuyers tell me they “only want to look at short sales”. My initial response is why? You can read a previous post here about Can I get a short sale for 20% less than asking price? Short Sale Disadvantages: The question today is a short sale worth the months of waiting just to find out […]

Posted in: Bank Owned and Short Sale Tagged: Bank Owned and Short Sale, Foreclosure Statistics Tampa, How to buy Short Sales, Short Sale Process Tampa, Short Sale vs Foreclosure

What Does a Bank Approved Short Sale Mean?

Great question from one of my buyers. Don’t be mislead when purchasing a short sale… When a short sale says “Bank Approved” does that mean it is an easier process than a traditional short sale? It could be a shorter process but there’s no guarantee. I always ask  the Realtor to supply written documentation of […]

Posted in: Selling Home as Short Sale, Short Sales Tampa Tagged: How to buy Short Sales, Short Sale Process Tampa, timeframe for short sales

Can I get a short sale for 20% less than asking price?

Should you submit a low ball offer on a short sale?  Every market is different, so I am giving examples of what we are experiencing here in the Tampa Real Estate Market, where about 40% of our homes for sale are either a short sale or foreclosure.  Before you decide to buy a short sale, keep […]

Posted in: Short Sales Tampa Tagged: Bank Owned and Short Sale, How to buy Short Sales, Short Sale Process Tampa

What you NEED to know about Selling your Home as a Short Sale-Tampa, Fl

Short Sales Tips for Sellers in the Tampa Real Estate Market If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale.   A short sale is one where the net […]

Posted in: Selling Home as Short Sale, Short Sale vs Foreclosure Tagged: How to sell as short sale, Short Sale Attorneys Tampa, Short Sale Process Tampa

Short Sale questions answered-Tampa, Fl

What is a short sale?  A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed. Right now in Tampa one half of all homes on […]

Posted in: First Time Home Buyers, First Time Home Buying Advice, Short Sales Tampa, Tampa Real Estate Market News & Updates Tagged: How to buy Short Sales, Short Sale Process Tampa

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