Category Archives for "Short Sales"

Jacksonville, Florida short sale information and tips.

6 WAYS TO STOP YOUR FLORIDA FORECLOSURE TODAY!

foreclosure sign

Facing a looming foreclosure can be a terrifying prospect, but you have options! Knowing your options and taking action quickly  is the key to​ stopping your Florida foreclosure.  In the past decade, we have hundreds of our clients avoid foreclosure. For a free consultation contact us anytime, and read on for a summary of all your options when […]

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January 31, 2019

A guide to understanding deficiency judgments in Florida and how to avoid one.

Did you know that if your Florida home forecloses, the lender can be granted a deficiency judgement and pursue you for their losses​?What is a Florida deficiency judgement?If you owed $​400,000 on your Florida mortgage, and it foreclosed and sold for $350,000…the missing $50,000 would be the deficiency. Florida laws allow the lender a year […]

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February 12, 2019

Will you qualify for a short sale?

approval stamp

​A financial hardship will be required to get your Jacksonville short sale approved. ​The most common hardships that are easily approved and widely accepted by lenders:Unemployment​Employment or military ​relocationDivorce ​Death of a co-borrower/household wage earner​Facing foreclosureIncrease in expensesDecrease in incomeNatural disaster impacting property or employmentMedical issuesHowever there are many other reasons to short sell that […]

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