Wellington Florida Short Sale News
Common Wellington Short Sale Questions & Answers
Do I have to be behind on my mortgage payments to qualify for a Short Sale? Not necessarily. Some lenders will negotiate a settlement if you are current on payments. You won’t really know until you go through the process. If … [Read More...]
Wellington FL Short Sale SOLD! 904 Lantern Tree Lane, Wellington, Florida 33414
Wellington FL Short Sale SOLD! 904 Lantern Tree Lane, Wellington, Florida 33414 LISTED on September 14th, 2011 and CLOSED on February 10th, 2012 This fabulous Wellington Short Sale hit the market on September 14th, … [Read More...]
Not All Loans Qualify for the HAFA Program
Do you remember the phrase, “If the glove doesn’t fit, you must acquit?” Most of you probably do. That wasn’t so long ago. Well, the other day, I received the following email about participation in the HAFA program, and … [Read More...]
Buying a Wellington Short Sale: What is a Short Sale?
Buying a Wellington Short Sale can be a very daunting and confusing process, especially if you are not working with an experienced Wellington Short Sale Agent who can guide you through the process. This is the first in a … [Read More...]
Just Because the Bank is Willing to Take Less on a Wellington Short Sale…
Toward the end of summer, I was taking a family looking to purchase a home. We saw many Yardleys, and as I track the value of Yardley and similar models built by Brookfield through my bi-monthly Property Value Reports, I was … [Read More...]
Wellington Short Sale Market Report: January 2012
Short Sale in Wellington Florida have been common place for several years now and currently account for 19% of the homes for sale in Wellington Florida, which is an decrease of 1% since last month. While some Wellington FL real … [Read More...]
Who Pays the Property Taxes in a Short Sale?
Agents often ask me about the property taxes associated with a short sale. Should the seller pay the property taxes? What happens when the lender escrows property taxes? What happens if property taxes are overdue? Thankfully, … [Read More...]
Wellington Short Sale Back on the Market: 9070 Dupont Pl
This Gorgeous Wellington Short Sale is Back on the Market! Located in the guard gated community of Olympia this single family home features 3 bedrooms + den + loft, 2.5 bathrooms, 2 car garage and over 2,700 square feet of … [Read More...]
Not Communicating is NOT an Option When it Comes to Your Wellington Short Sale
As a Short Sale Agent, I hear plenty of tales of real estate agents and attorneys that have come before me to help a home owner with a Short Sale or loan modification only to get the client to sign on the dotted line and then … [Read More...]
Short Sale Urban Myths – Short Sales with No Late Payments
Time and time again, I have sellers and agents call the office to ask whether a short sale seller (their prospective client) can actually list in a short sale because the seller has not missed any mortgage payments. Or, I may get … [Read More...]
Can’t I give the Short Sale Lender an Ultimatum?
If you are a home buyer considering a Wellington short sale it is very important to understand what a short sale is and the process involved. A short sale is when the seller owes more than their home is worth and in order to … [Read More...]
Are Banks Willing to Sell Wellington Homes For Less Than the Mortgage Balance?
Depending on the situation that faces a Seller who needs to sell for less than what they owe in their mortgage, the bank may decide to approve the sale and accept a short payoff of the mortgage. This type of sale is known as … [Read More...]
