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Friday, October 28, 2011

Brevard County Florida Real Estate: Is a short sale the right path for you?

Short sales are common these days in Brevard County, Florida.  Home owners who find themselves facing hardships with no hope of being able to sell for what they owe on their home have several options available with the short sale being one of the best.

For more on short sales, read "Now tell me again, What is a short sale?"

If you live in Brevard County, Florida and are facing hardships that makes it difficult to keep your home like job loss, reduced income, major illness, a job transfer or something else, send me an email to discuss the short sale process.

As a buyer, is a short sale the best option for you?

The first (and most important criteria) is time.   Do you have have the flexibility to wait four to six months for an answer and closing?  This may even be a shorter or longer process so the key is flexibility!

Secondly, will you be OK if the deal is not successful?   Although most short sales do eventually close sometimes they don't.

When working with short sale buyers and sellers I have found it essential establish a strategy that sets the expectations and process very early on works best.

It is imperative a buyer agent educate and screen short sale prospects early on.  The short sale path is often long and the terrain rough when compared to a standard sale.  It is far better to understand the process early than to submit an offer and and walk away later. 

If you are looking for a home in Viera, Suntree and Rockledge, Florida, a short sale may just be the opportunity to get a good deal at a slightly discounted price.  Call me or send me an email for information on Brevard County, Florida short sales.

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