Category: Florida Real Estate

Save your Money, Hire an Orlando Realtor

When it comes to lawyers doing Orlando short sales, the fact is most people just don’t need them. Foreclosure filings hit a lull in Florida during the last year. The robo-signing scandal caused many banks to put new Florida foreclosures on hold. That’s coming to an end, and we can expect filings to jump again as we’ve been seeing recently.  Orlando homeowners will be looking for help with their situation. The truth is that the process isn’t just hard, It’s scary. We’re talking about potentially getting kicked out of your home.  It’s tough to navigate the system alone and it’s crucial that you get help from a proven Orlando Real Estate Expert.

Here’s the good news: There is a lot of help available in Central Florida for free. That’s right. No charge. On the house, Gratis.
Organizations certified by the U.S. Department of Housing and Urban Development should be the first stop for people who have fallen behind on their mortgage or are worried they’re about to. These nonprofit companies are great resources for people who want to know if they qualify for a loan modification.

Your best option however,  is to speak with a Top Orlando Short Sale Broker.  Not only do they not charge anything to speak with you, but they often times will know a lot more about Orlando Short sales than an attorney will. Most of the time attorneys outsource their short sale files to Orlando Brokers anyway,  since by law, a Broker has to be involved in the transaction to represent the seller.

So why would you pay an Attorney upfront, or at all, when you can hire an Orlando Short Sale Expert for Free? If one of my clients had an extra $2,000 or $3,000 to throw around, I’d much rather see them put that toward their moving expenses, etc  than toward attorney fees.

When it comes to short sales there’s never a 100% guarantee that a broker or an attorney will produce the results that borrowers want. The difference is that Brokers won’t take your money in the process. As a matter of fact, they only get paid if they close the deal. How’s that for incentive?

It’s actually illegal in the state of Florida for companies to take money upfront in exchange for mortgage modifications. Lawyers, however, are exempt from that rule… Maybe my mom was right, I should have gone to law school.

Far be it from me to say that lawyers are never needed. Legal counsel is an important part of some foreclosure cases. But watching people plunk down thousands of dollars for help they can get elsewhere for free is just sad. It’s like seeing people suffer from the housing meltdown not once, but twice.