Help is here! Homeowners in Palm Beach County are receiving letters like this one offering them from $5000 to $50,000 to 'short sell' their home! The best part is, you can walk away owing nothing more to the bank and have time to plan your next move. Lee Property sales is working with the lenders who are offering this program. Contact us today so we can help you get your bail out !!
What is a short sale? A short sale is when the value of your home is less than the amount you owe the bank. This most often is a result of a declining real estate market.
Short sales can be a way for homeowners to avoid foreclosure and get out of a bad mortgage, or a mortgage obligation that has become too burdensome, by getting the bank to settle for less that the full amount of the loan.
What's involved in a short sale? First, we estimate the true market value of your house. Knowledgeable REALTORS®, like those at Lee Property Sales, will give you an idea of what your property would sell for based on prior sales of similar houses in the area. Websites where a computer estimates your house's market value are not always a reliable source since they do not have the most accurate and up to date information and they do not account for the condition of your home or the updates it has inside.
To see if you qualify for a Palm Beach County 'CASH AT CLOSING SHORT SALE' Contact Lee Property Sales, Inc. today. We are in direct contact with the lenders who are offering this program and we can help you get your BAIL OUT today!
Next, we list your home on the MLS at fair market value and show the property until we get an acceptable offer. Then we send that offer to a closing attorney who determines the closing costs that your lender will pay and what their final net proceeds will be. We send the offer to your lender with a letter explaining your reason for wanting to do the short sale, and usually within 30 to 90 days, depending on your desired move date, your lender approves the short sale.
Finally, the buyer inspects the home and obtains their funding in order to close. The experienced REALTORS® at Lee Property Sales walk you through each and every step of the process, coordinating the activities of all those involved.
Do not pay anyone for this service.
REALTORS® get paid a commission only by your lender, upon successful closing of your transaction.
