Experienced Tampa Realtors Make the Difference in South Tampa Short Sales

29/06/2020

When many Tampa home owners owe more than their house is worth they believe their options are limited. With the anxiety of facing foreclosure or having to short sale your home, having assistance from a licensed professional can help you get out of this tense situation. When mortgage lenders agree to a short sale in Tampa, it means the lender is accepting less than the total amount due. Years ago, lenders hesitated to accept short sales; today it is routine. And short sales are a great way for a seller to regain control of the process of moving from one home to another. With a South Tampa short sale professional by your side you can be assured that they will assist with the process effectively and efficiently. In addition, a Tampa Realtor such as Nathan Bangs is also a Certified Distressed Property Expert, or CDPE, and is uniquely qualified to offer assistance to homeowners facing hardship throughout the Tampa area. The Tampa Short Sale Process Explained: You and your mortgage lender would agree to sell your home for its fair market value of $175,000, even though you owe $300,000 on your mortgage loan, When your home sells, your lender would take all proceeds from the sale, Your short sale Realtor from Nathan Bangs & Associates would be paid commissions by the lender, which means a short sale transaction is free-of-charge to you as the homeowner, You would avoid foreclosure but would not receive any money from the sale of your home, Your lender would agree not to report a foreclosure to the credit bureaus. *Alternatives to Short Sales in Tampa - In addition, there are alternatives to short sales. In addition for their Tampa short sale expertise and assistance, some Tampa Realtors will also buy houses. By utilizing the financial resources of an investor network, a Tampa Realtor team can quickly bring cash to the closing table to buy houses. Tampa sellers are quickly relieved of the stress of getting your money out of your biggest investment. For additional information on receiving cash for your house, please visit our website A Complicated Process Made Simple - The South Tampa short sale process is a complicated and often confusing transaction. For free, professional and experienced short sale help from experts who care about your situation, contact Nathan Bangs & Associates today. To get started, please us call (813) 739-5925. Or, simply send us an email to explore your options. The sooner you start the faster you can get on with your life.