Short Sale Jacksonville Info
Posted by Brad Officer on
Need a Short Sale real estate agent in Jacksonville FL?
Why go through foreclosure if you can Short sale the home in Jacksonville? Wiki definition of short sale here. If you are underwater in Jacksonville, FL, here is the correct path to take if you have a hardship and need assistance:
- Loan Modification: If your home is too far upside down in value - don't bother doing one of these. You will just be financing an over valued property that may take a DECADE before you break even. Go to step 2 below.
- Short Sale: You must qualify, but this is option #2. The house is sold out on the open market for the going market value....which is typically much less than is owed. The lenders are much more open to taking a short sale in today's market. The…
861 Views, 0 Comments