RE/MAX 200 Realty is there for homeowners needing to execute a short sale Winter Park, Florida

Are you ready to short sell your home?

Not sure what a short sale is? A short sale happens when you owe more than what the house will possibly sell for. This could be caused by many reasons, but often is a result of a rapidly declining real estate market.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can negotiate with the lender to forgive the difference.

What steps do I take in a short sale?

First, get an idea of the true market value of your house. If your finances are already strained, hiring a licensed appraiser may not be feasible. Therefore, a qualified local real estate agent that knows the current conditions of the Winter Park real estate market is a sound way to get an accurate opinion of what your home could sell for.


	Need an honest idea of what your home today's market? Contact us today to find out how RE/MAX 200 Realty can help.

Next, don't forget about your closing costs. The experienced REALTORS^® at RE/MAX 200 Realty will consider fees like title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs upon closing.

Finally, call your lender and notify them of your situation. They may even have a dedicated department that oversees short sales. Ask about their exact steps. Some lenders will be more able to work with you than others. They may be able to decrease the amount owed or make other arrangements. Your lender will have to agree to the final sale.