The most important thing when choosing a real estate professional is to find someone you can trust. There are options for families to avoid foreclosure, or that need free foreclosure help. Because the mortgage balance exceeds the sales price, the homeowner will not have enough money at closing to pay the bank; hence, the sale is “short.” Once the house is under contract with a viable buyer the bank will have to agree to the short sale, which does not always happen.
Paul Antonelli, Broker Owner at Antonelli Realty has a history of success and integrity in real estate negotiations that you can depend on. Through dealing with numerous banks over the years, Paul Antonelli will sort through the factors that the bank will consider including: the homeowner’s hardship and income, appraised value of the home, the equity the bank would obtain at a foreclosure sale, in addition to the cost they would incur if they have to “carry the property” after the sale. Having completed hundreds of Short Sales throughout Central Florida, Kissimmee, Orlando, St. Cloud, Apopka, Altamonte Springs, Dr. Phillips, Lake Mary, Longwood, Sanford, Windermere, Winter Park, Winter Garden, Celebration, Lake Nona, all over Orange and Osceola counties.
The important thing to note for any short sale not just in the state of Florida is that if the homeowner cannot show true hardship, the bank will expect the homeowner to bring or have available an amount of cash to closing. However, the benefit of a short sale is that as long as the short sales approval comes with a full waiver, once the house is sold, it’s sold. The homeowner is done with the bank, and the bank is done with the homeowner.
Contact Paul Antonelli at Antonelli Realty today for your FREE consultation 321-443-4028 .
When you choose to work with me, you choose the top Real Estate Short Sale agent in Central Florida.