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Short Sale Info

What About Short Sales?
Don't walk away from your home;
we may have a solution for you!


What is a Short Sale?
A short sale is a term used to describe a process in which a lender agrees to accept a lower payoff amount on a loan than what is owed.

What if the home's market value has dropped?
Comparable home sales must substantiate that the home is worth less than the unpaid balance due the lender. This unpaid balance may include a prepayment penalty.

What if the mortgage is in or near default status? It used to be that lenders would not consider a short sale if the payments were current. That is not always the case. Realizing that other factors contribute to a potential default, many lenders are eager to head off future problems before they start.

What if the seller has fallen on hard times?
The seller must submit a letter of hardship that explains why the seller can not pay the difference due upon sale, including why the seller has or will stop making the monthly payments.

Contact us today for a free, confidential consultation to discuss your situation and to see how we may be able to assist you.

386-736-1588 or jsalas@assist2sell.com or ssalas@assist2sell.com  


agent photo
Buyers and Sellers Realty Exchange
220 S Woodland Blvd Suite C
Deland FLorida 32720
386 736-1588 Office
407-760-7854 Direct
Adil Beroual
adil@assist2sell.com

Testimonials

I want to thank you for all of your assistance during the process of me finding and buying my home. You are a wonderful realtor who definitely goes the extra mile, I also now consider you a friend. Thanks so much for my Lowes gift card. I put it to good use and bought new lock sets, it was very thoughtful & generous of you. Stay in touch! Anmarie
In all our dealings with Realtors over the years, we have never met anyone as helpful and enthusiastic as you have been. Without hesitation, we would highly recommend your services to anyone who is looking to buy or sell their home. You truly care about getting things done and doing them right! Thanks for taking such good care of us. Maria & Lazaro
Illegitimus Non Carborundum- Thanks, Harry & Elizabeth
Thank you again for all of your help with the sale of our home. What a surprise you coming to our home bringing wonderful, beautiful cookies and treats. The cookies were so beautiful and taste marvelous. They were a wonderful treat for us. Thank you again! Mildred and Chet
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