PROS AND CONS OF A FLORIDA SHORT SALE

July

23

0 comments

Wanting to sell but owe more than your home is worth? A short sale may be an option...find out the pros and cons of a Florida short sale!

PROS AND CONS OF A SHORT SALE:

Pros

  • In some cases, you may even get a check at close!

Cons

  • Your credit score will fall temporarily.
  • It may take 2-3 years before you can purchase another home.
  • Short sales take several months and involve lots of paperwork.
  • A succesfull short sale will create a taxable event.
  • You will have to deal with the inconvenience of selling your home.

Ready to take the next step?

Whether you're ready to move forward with a short sale, or still have more questions - we're here to help! We've helped hundreds of home owners short sell since 2010, and we can help you!

Last Updated on May 17, 2021 by Minna Reid

RELATED POSTS:

November 5, 2024

How do the Realtor fees work in a short sale?

November 5, 2024

What happens to the second mortgage in a short sale?

November 4, 2024

FHA short sales explained!

Leave a Reply

Your email address will not be published. Required fields are marked

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}