Want to make a deal on a short sale?


	A short sale means the homeowner's lender has agreed to receive a reduced payment to release a mortgage. Should you have questions regarding real estate in Fort Lauderdale, Florida, contact me here or e-mail me.

Purchasing a short sale in Fort Lauderdale, Florida on your own is risky. Contact Rosendal-Smith-Pardo International Realty, LLC for expert advice.

Are short sales bargains?

The short answer is "sometimes". Many people hear the term "short sale" and instinctively think of a seller that is in default and needs to sell their house fast to prevent further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In these instances the reduced price may in fact be in line with actual market values, not below.

Are you ready to buy a short sale property?

Always do your homework before making any offers. Using a knowledgeable real estate agent from Rosendal-Smith-Pardo International Realty, LLC to assist you with researching a property will help you make educated decisions. We can help discover to whom the property is titled, the balance still owed to the lender, and whether or not a foreclosure notice has been filed. Getting these facts can help you determine how much to offer.
Use a real estate agent with short sale experience. The real estate agents at Rosendal-Smith-Pardo International Realty, LLC can help expedite the transaction and ensure that you're protected. Don't let inexperience delay the closing process. Let our experience and knowledge work for you.
Even in the best of situations and with an experienced real estate agent, buying a short sale property will usually take longer than a typical real estate transaction. Be aware that a majority of short sales will not close in the customary 30 days or less. Remember that you're not only having to satisfy the seller, but the lender must also agree to the sale terms. In most cases your offer will be seen by a committee to approve which will add time - sometimes even 2 to 3 months.
Home protection warranties, buyer credits and allowances, and closing cost concessions are normally not up for negotiation when working with a short sale. The lender will be selling the property just the way it is which means the lender isn't going to pay for repairs. Make sure you reserve the right to have the property inspected for pests, HVAC, electrical, and other critical areas. At Rosendal-Smith-Pardo International Realty, LLC, when we write an offer, we will be looking out for your interests first and foremost and will always advise you to make your offer contingent upon the results of the inspections.

When you're ready to buy, whether it's a short sale or a typical home sale, Rosendal-Smith-Pardo International Realty, LLC can help you. Apply our experience and knowledge of real estate to be confident that you are getting a fair deal and protect yourself during the full deal.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information

*Name:
*Email:
Phone:
Street Address:
City:
State:
Country:
Zip/Postal Code:

Some Details

When Are You Moving?:
Where Are You Moving:
Your Price Range?:
Number of Bedrooms?:
Number of Bathrooms?:
Size In Square Feet?:
Any Comments, Concerns, Or Questions:

Note: Fields with an * are required

Rosendal-Smith-Pardo International Realty, LLC may List, Offer, Consult or recommend a professional who assists with Short Sale properties. To our current and potential clients and customers we make the following notice.
IMPORTANT NOTICE:
You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender (or servicer). If you reject the offer, you do not have to pay us. If you accept the offer, you will have to pay us according to any listing agreement and/or consultation service agreement.
If you stop paying your mortgage, you could loose your home and damage your credit rating. (16 C.F.R. € 322.4(b))