It is true short sales do close. Below are a couple of examples of short sales we recently closed.
GREAT HOME NEAR LAKE NONA MEDICAL CITY: Owner purchased this home for $305,000 in 2006. The home sold as a short sale for $155,000. The deficiency was waived and it was a primary residence falling under the Debt Relief Act of 2007. The seller will not be penalized with taxes.
AMAZING HOME IN OVEIDO NEAR SEMINOLE STATE COLLEGE. GREAT SCHOOLS: Home purchase in 2007 for $385,000. This property was short sold this year. Purchase price of $205,000. Seller had the deficiency waived and paid no moneys at closing.
You can sell your home if your mortgage more than your home value. You do have options. We would be pleased to assist you.
Benchmark Real Estate Group, Inc.
Authored by: Torey Eisenman