Properties, Houses and Condos for Sale in St Petersburg Treasure Island Florida

I have a Short Sale listing in St, Petersburg. Got an offer on it within a week that was 15 % higher than the comparable properties in the same St. Petersburg neighborhood and closing within 30 days.  Needless to say my seller signed it right away and we shipped it to the bank. This was in September. Since then the buyer's agent is asking me questions like

" What do you mean by BPO?

Can you please fax the Hardship letter my buyer wants to see it.

Why is this Short Sale taking so long?

What is a negotiator?

Can I have a phone number for the bank, I just call them myself.

Since the seller has signed the offer I do not understand what the holdup is."

Honestly I have answered all her questions but I am running out of patience

WHERE IS HER BROKER?

Closing on another Short Sale in St. Petersburg today.

I have to say this was a fast and fairly easy Short Sale. Got the listing about 3 month ago, took a week to get the squanders out and re-key the house but once it was done and all the advertising was out we received an offer ASAP. It was a low ball but seller signed it anyway to get the Short Sale process going. Full Short Sale package including Hardship letter was sent to the bank and miraculously the bank did not lose all the paperwork and a negotiator was assigned very fast. BPO was done within two weeks of receiving the offer. BPO came in twice as high as offer, buyer backed out but we finally had a price that the bank would accept. So, property went back on the market with a new price and we had a new full price cash offer within a week. After this we had a few problems with the home inspection and the buyer's agent disappearing on us but in the end all was good and we closed yet another Short Sale here in St. Petersburg.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

I will never get used to this. I work with a lot of Short sales here in St. Petersburg and I am always amazed when it comes to BPO's.  Just last week the bank ordered two BPO's on one of my Short Sale listings here in St. Pete. Last night I found out that one came in at $207,000 the other one came in at $248,000. In my mind they are both wrong. 4 other townhomes sold in the last few month in the same community, same age, same layout, same everything and the average price was $ 235,000. Now the bank is going to order another BPO's let's see where this one comes in. Never a dull moment when you deal with BPO's and Short Sales in St. Petersburg.

If you think about buying or selling a house or condo in the Saint Petersburg Tampabay Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

Another Incredible Short Sale Deal in St Pete Beach

This 3 bedroom, 3 baths, direct waterfront condo in Bella Margarete has over 2000 sq ft and was built in 2006. It sits right on Boca Ciega Bay and right across from the beautiful beaches. In September 2006 it sold for $715,000. The community has a beautiful heated pool and spa. Easy access to the Gulf of Mexico from the intracoastal waterways. Just minutes from Dolphin Village Shopping center and a few blocks from the well known Don Cesar Hotel. It is a builder's model with all the upgrades you can possible imagine. The gourmet kitchen and the bathroom feature granite and corean counter tops. Watch the beautiful sunrises and sunsets right on St Pete Beach. Bella Margaret allows pets up to 35 lbs and has a 30 day rental minimum. The asking price for this beautiful unit is $408,000!

In Foreclosure!

A 180 degree view of the Gulf of Mexico. The Fairwinds condos are located on the beach in Indian Shores. They were built in 2006 and it is a small condo association with only 8 units. 3355 sq ft, 3 bedroom, 3 ½ bath, double entry doors, huge beach front terrace and 3 more balconies, granite counter tops, impact resistance hurricane strengths windows, private 2 car garage. The association has a beautiful heated in ground pool and spa. This condo in Indian Shores was sold in 2006 for $1.575 Mill. Now asking $999,999!

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

Anne Hensel, Realtor, CSP, Short Sale Professional, working with homeowners and buyers to successfully close a short sale transaction in Pinellas County Florida. A lot of people here in the Saint Petersburg, Seminole area are facing a short sale situation, Waterfront properties on Saint Pete Beach or Treasure Island  as well as little homes in Seminole or Gulfport. Give me a call today and find out what your options are. Your short sale consultation is free of charge and confidential.

Short Sale, Bank approved for $210,000 in Redington Shores

This 2500 sq ft home with 4 bedroom and 3 bath and 2 car garage has a great location in Redington Shores within walking distance to the beach. The house needs works, you could call it a handymen special, but the price is right.

Where else can you get this location and the size of the home for this kind of price!

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

List your short sale property in the local MLS system here in Pinellas County St. Pete.

Can you list my condo or home as a short sale in the MLS?  I called my bank and they told me to find a Short Sale Realtor in Pinellas County.  As a Realtor and certified Short Sale Professional here in Madeira beach St. Petersburg I get this question a lot. My answer is never just a simple YES or NO.

There are a lot of questions I have to ask you and a lot of answers that I need to actually say, YES or NO. The situation of every homeowner that faces a short sale or foreclosure is different and has to be handled differently. A lot of homeowners got into this situation because they signed mortgage papers they did not fully understand (trust me, not even your mortgage broker does) So, know that you are faced with a short sale or foreclosure situation you owe it to yourself to find a Short Sale realtor that takes the time to explain everything to you and that keeps you updated every step of the way. Someone that does not simply say YES but that also explains the ins and out of a pre foreclosure situation, the good and bad parts of a short sale. Do not just go with the first realtor that you find, pick and choose carefully and if you hear someone say immediately "Yes, no problem" RUN. If they do not take the time to ask you questions and listen to your situation before they give you an answer you might NOT be in the best hands.

Go to my website questions and answers on real estate deals.

Please click below to find all the information you need when buying or selling a Short Sale property in Saint Petersburg Fl.

http://www.tampabaybeachandwaterfrontproperties.com/buyer-short-sale-information-st-petersburg.html

http://www.tampabaybeachandwaterfrontproperties.com/seller-short-sale-information-st-petersburg.html

When you are a home owner in Saint Petersburg and you are already stressed out about the short sale or foreclosure situation it is even more difficult to make the right decision when it comes to choosing your short sale or pre foreclosure real estate agent. Everybody claims "Oh yes, not a problem, we can do this. Well be careful, not all realtors or real estate offices are alike. One easy tip is to GOOGLE the realtors name and with the words short sale in the end. These search results will already give you a good indication. Also, call them see if they pick up the phone or call you back in time. Ask them if they have a financial short sale package and which website you need to go to fill out the necessary forms.

Keep in mind, the better your Realtor is that better chance you have for a successful short sale process.

If you think about buying or selling a house or condo in the Saint Petersburg Florida area, please give me a call. Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and other Clearwater Tampabay neighborhoods. Find out what we can do to sell your home or condo and what the value of your property is. Check out great real estate deals or visit condo associations like Seminole Isle.

We also work with short sale bank owned and foreclosures. Find a property or go to my website for more real estate information or simply contact us.   727 409 8706

Great job Wendy, this was fast. We see the biggest problems when the second loan is held by another lender.

I am the listing agent for a short sale in a single agency relationship.

To me that means I do what ever is best for the seller. We got two offers in one day and one offer the next day. I have explained to every agent that it is a short sale, gave it to them in writing and it was in the MLS. Told them that the seller in a short sale situation is really not the one to make the decision but the lender. One of the 3 agent that made the offer understands the game, the other two frankly drive me crazy and they drive the Title company crazy  and and and.

Maybe today is one of my "Low Patience" days.

But I just do not know what else to do or say anymore.

I have heard them "tell" me

You have to take it completely off the market.

You can not show it anymore.

You can not accept any back up offers.

You can only submit one offer to the bank.

Well, I guess I will sit down over the weekend and write a letter to all "future realtors" for all my short sales, explaining how we handle it, that in this case we are a single agent for the seller and that we will do all we can to get the best deal for the seller.

If we work for the buyer, it is a different story and our focus is to get the best deal for the buyer.

I wonder, do agents not understand the short sale or don't they understand the agency relationship?

Is it me or them?

New law on Short Sales, know your rules and laws Florida. Everybody that deals with short sales here in Florida should read the new law that comes into effect on October 2nd 2008

Here is a link to it

http://www.realestateradiousa.com/landing/shortsalereport.html

I am not sure if Governor Christ is doing the people that are in a Short Sale situation a favor or not.

Most Realtors do not understand the procedure and most home owners don't understand it either, now it is more difficult to get help from an independent company and look at the fines. Homeowners in a distressed situation that can not make their mortgage payments anymore will have a difficult time to find a Broker that is willing to take this risk. We still do Short Sales in our company, but it is getting more difficult by the minute.

Below is an update that I found today

 listen to the interview