Florida Short Sales Specialists

9425 Sunset Drive, Suite 142 Miami, FL. 33173

Contact Jenine  

Email : jenine@propertyconsultantgrp.com

 What is a Short Sale?

Here is a very brief description of how it works. This is just enough so that you can have an idea if it is time to talk to someone from our short sale department about your listing.

If your listing or someone’s house (it does not have to be listed at the time, but it will have to be listed once the short sale procedure starts) is heading for foreclosure or they have missed the last 2 payments, it is time to start talking to our short sale people.

This part of the real estate market is booming! There are a lot of homes that are going into foreclosure. This will create opportunities for realtors and for buyers.

Not everyone is a good candidate for a short sale. If a person wants to do a short sale on his property because he is coming out of pocket every month to pay for the mortgage and he has 3 other properties or $40,000 in the bank, then this is NOT a good candidate for a short sale because the bank is going to want that person to use up all his resources before they forgive a large part of the mortgage.What will it cost?

The Seller pays nothing.

The realtor will pay ZERO from their commission!!! We charge the bank a Loss mitigation fee (which is almost never approved) and a legal fee for our services (which is almost always approved). This is what we make. Closings MUST be at Southern Title Group.

In the unlike event that both the Loss Mitigation Fee & the Legal fees are not approved, then the realtor would have to pay $1000.00 from the Listing Commission. This is only if the bank does not pay us anything. This is highly unlikely. Honestly I have not seen a bank not approve a legal fee before. But I want to cover this now and not after it happens.

The only thing that the realtor will have to do is collect signatures on the packages. That is it.

We take care of the rest and the Realtor can concentrate on Real Estate and not the tedious process of a short sale.

HOW TO GET STARTED:

Before starting the process the Seller must have a finacial analysis done in order to see what the best course of action will be. If you don't have someone that can do it we can recommend a copmany that does it for $399. This way we do not waste neither your time nor ours and you do not get a nasty surprise later on.

DO NOT CALL THE OFFICE TO FIND OUT THE STATUS OF YOUR FILE.

If you would like the status of your file please send an email to the jenine@propertyconsultantgrp.com and they will email you the status of your file

Bank Packages:

GMAC

Washington Mutual

Home Equity

Ocwen Bank