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

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St. Petersburg Pinellas County | home owner's first mistake when doing a short sale

 

St. Petersburg Pinellas County, first mistake homeowners make when doing a Short Sale

 

A lot of sellers wait way too long before they start the Short Sale process here in St. Petersburg Pinellas County. Keep in mind, the bank is not waiting forever to start your foreclosure process. The moment you realize that you won’t be able to make your mortgage payments anymore, do 2 things. A - Call your local Short Sale Realtor and get a free, no strings attached consultation and a comparable market analysis. This is very important, you need to know how the Short Sale process works and you need to know what to expect.

 

B – Call your bank and see if you qualify for a loan modification.

 

I understand that we all think, it is going to get better soon, I am just having difficulties this month, I will be ok next month. etc. Nobody wants to do a Short Sale, it is against all the values we grew up with BUT look around, you are not the only one here in Pinellas County St Petersburg. A lot of people are in the same situation and really do not have a choice. Pick up the phone today and get started, you will feel much better after you have talked to your Short sale Realtor.

 


 

 Anne Hensel | Real Estate Broker in Teasure Island St Petersburg

 AnneSouthBeaches@gmail.com

 www.SouthBeaches.info

Call today  727 410 7777

                             

Comments

Anne,

 

That's great information.

Starting early on a short sale gives the seller more options.

I read where a few of the major lenders are offering homeowners cash incentives to complete a short sale.

Keep writing great article.

Posted by Ray&Karen Levy Homes for Sale Mount Dora Eustis Tavares Leesburg Realtor (CB Camelot Realty / Lake County Home Pros 352-636-6579) 10 months ago

Anne

Thanks for sharing your insight on a challenging issue.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig CRB, CRS, CIPS, GRI, SRES, TRC, e-PRO, (Ludwig & Associates) 10 months ago

Anne - great advice, so many people do qualify for a loan modification and don't even attempt it!

Posted by Barbara-Jo's Beach Blog - Clearwater Florida Real Estate (Charles Rutenberg Realty) 10 months ago

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