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 [...]
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 coming[...]