What Are The Benefits of A Short Sale?
A short sale in Orlando is a real estate transaction where the sale price of a home is less than full amount the homeowner still owes on the mortgage. Both the seller of the property and their mortgage company must agree to a short sale. Most lenders these [...]
Q and A with Jenny Zamora, RE Broker, Orlando Short Sale Expert
Jenny Zamora, Orlando Short Sale Expert
Q- My house is worth less than what I owe on the mortgage and there’s no way I can afford to continue making payments on it because I lost my job and [...]
Top Orlando Realtors Podcast Episode:003
Diego Fontana in the BVL area of Kissimmee asks..."How do they decide the value of a Short Sale property"The valuation of a property, in my opinion is the single most important factor of the whole short sale process.
Here's the way it works. We start by [...]
In 2014 new housing developments in Orlando became increasingly more expensive throughout the year and we can expect to see more of the same in 2015 according to Orlando realtors. This is in part due to newly retired couples looking for a permanent move as well as vacationers wanting to have a [...]
Do You Need An Attorney To Short Sale? 407-902-7750 Video
There's a common misconception among distressed homeowners that you need to hire an attorney in order to complete a short sale on your home. The truth is that you don't need to hire an attorney in order to complete a short sale. The [...]
Short Sales are not Guaranteed!
It's important to be aware that your lender has absolutely no obligation to agree to a short sale. Also, there are a handful of banks that will agree to a short sale if the homeowner is current however, most banks won't even consider it unless the [...]
So exactly how will a short sale impact your credit score? The short answer is a short sale can have less of an effect on your credit score than a foreclosure. But, it must be done correctly.
Should I do a short sale?
Short sales can happen if a lender agrees to accept less than the amount owed[...]
Orlando homeowners are in a panic to sell their homes before the end of the year when the Mortgage Tax Debt Relief Act of 2007 is set to expire.
There’s a chance that the Act could be extended but, if Congress fails to extend the Mortgage Forgiveness Debt Relief Act of 2007 before the end of the [...]
Getting your credit score back on track after your short sale is complete
The local economy is recovering "slowly but surely", the housing market is getting stronger and the term "Orlando short sale" has become a household name. Delinquent homeowners generally elect to pursue a short sale as [...]
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 [...]