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Why Hire An Experienced Short Sale Agent | Gainesville FL

Why Hire An Experienced Short Sale Agent | Gainesville FL

When short sales became prominent in the Gainesville Florida area many homeowners, professionals and Gainesville Realtors® were unfamiliar with what is a short sale. Gainesville short sale agents

Find out how other sellers successfully completed short sale and avoided foreclosure.

Gainesville Short sales or short sales in any city throughout Florida require double to triple the amount of work. The extra effort can be very daunting. A successful short sale transaction requires all parties to be cooperative and needs a persistent, diligent and experienced short sale agent. Many agents openly admit they hate or do not understand the short sale process.

An inexperienced Gainesville Short Sale Agent will tell you:
“Stop Paying your Mortgage”
“Just Walk Away”
“Hide your Assets”
“To avoid a promissory note you must convince the negotiator at the PMI Company that you have not assets and no disposable income that can be used to pay them.”

This is considered legal advice and that short sale agent just practiced law without a license and they asked you to commit mortgage fraud.

Is that the type of person you want working for you? Do you think that type of agent is ethical?

If your agent has no experience with short sales, then they may either give up or mess up during the process. Make sure to hire an experienced short sale agent that has successfully closed short sales.

Thinking about a short sale? Send me an e-mail at sasjrussell@gmail.com or call me at 352-260-0153 for a free evaluation.

Other Articles to Read:

More homeless? Where will the mortgage settlement fund go?

My Gainesville Short Sale Appraisal Came in Low, Now What?

Where will the mortgage settlement fund go?

When Can you Own a Home Again After Foreclosure?

Call Stephanie Anson today at 352-260-0153 for a confidential phone interview regarding your options.

Please seek legal advice. This information is for informational purposes only.


Contact Stephanie Anson, CLHMS, CDPE, SFR, Realtor®, Anson Properties LLC. Licensed Realtors® in Florida at 352-260-0153 to list your property for sale or to purchase a property in Gainesville, Archer, Alachua, High Springs, Waldo, Keystone Heights, Hawthorne, Melrose, Cross Creek, LaCrosse, Williston, Earlton, Ocala, Micanopy, Newberry, Kanapaha, Haile Plantation, Duck Pond and the rest of Alachua County Florida, Orange County Florida and Seminole County Florida. We are accepting referrals. Gainesville Short Sale Agents

  

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Will the Mortgage Debt Relief Act Get Extended – Gainesville

Will the Mortgage Debt Relief Act Get Extended – Gainesville Florida – The mortgage debt relief act is due to expire at the end of 2012. With it will go the relief distressed homeowners currently receive when they short sale their Gainesville home.

Under the The Mortgage Debt Relief Act a Gainesville homeowner has the ability to exclude income from the discharge of debt on their principal residence. This would be the difference of the amount owed on their mortgage to what the home sold for. For example, if the mortgage was $200,000 and the sale price was $150,000 the homeowner would receive a 1099 for $50,000 difference in the sale price to the amount owed.

This 1099 would be considered as income on the Gainesville homeowners’ taxes. If Congress does not pass this bill extension then this debt will be taxed as regular income.

As homeowners struggle to make ends meet, this could prove as continued relief while the housing crisis continues to struggle to correct itself. If the Mortgage Debt Relief Act does not get extended it will have a profound financial affect on owners who are already currently struggling to stay above water.

Write and encourage your congressman to pass this bill. Florida homeowners are not out of the water yet.

Other Articles to Read:

Fast Gainesville Short Sale Approvals on Fannie Mae Loans

Gainesville – Distressed Sales Still Depress Home Prices

Short Selling and Renting from the New Owner – Gainesville Short Sales

Do I Have to Pay for the Real Estate Agents Commission?

Call Stephanie Anson today at 352-260-0153 for a confidential phone interview regarding your options.

Please seek legal advice. This information is for informational purposes only.


Contact Stephanie Anson, CLHMS, CDPE, SFR, Realtor®, Anson Properties LLC. Licensed Realtors® in Florida at 352-260-0153 to list your property for sale or to purchase a property in Gainesville, Archer, Alachua, High Springs, Waldo, Keystone Heights, Hawthorne, Melrose, Cross Creek, LaCrosse, Williston, Earlton, Ocala, Micanopy, Newberry, Kanapaha, Haile Plantation, Duck Pond and the rest of Alachua County Florida, Orange County Florida and Seminole County Florida. We are accepting referrals. Gainesville Short Sale Agents