Short Sales & Foreclosures

Information for buyers and sellers in Southwest Florida about short sales and foreclosures.

Found 5 blog entries about Short Sales & Foreclosures.

redwhiteblueoneAre you a veteran or active duty Military member?  Thinking of buying a home but feel it’s out of your reach?  Well a VA loan would be a great option for you!  In 1944 Congress created the VA loan to help those returning from active duty to achieve the American dream of home ownership.  Over the years Millions of Veterans have realized the dream of home ownership by using a VA loan.   

Today, VA Loans have turned into a lifeline of hope for past and present military members of our armed services looking to buy a home and who have struggled to deal with tougher credit standards and down payment requirements made by lenders.  A VA loan helps eligible veterans and active-duty service members with lower incomes and less-than-perfect credit to become

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Cape Coral Real Estate - What You Need to Know About Buying Foreclosures

Who hasn’t thought of what a wonderful buying opportunity foreclosure property could be? We all know a bargain when we see one, and getting a piece of that Cape Coral waterfront at half price or less of what someone else payed for it,  is certainly a bargain, or is it? The truth is that foreclosures sometimes really can be a steal of a deal. However, buying a foreclosure is a complex process and there are certain things savvy buyers should watch out for.

Foreclosure Basics

Foreclosures are simply Cape Coral Properties that are bank owned, usually because of a mortgage default. Having that said, it is important for potential investors to understand that foreclosures may come with

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Dignity and a Short Sale...Can the two Exist Together? 

If you are facing foreclosure and considering a short sale, there is much more to think about than just numbers, credit repercussions, and finances.

This is your home. The purchase of your home was most likely one of the most emotionally driven decisions you have ever made. Whether it was your first home purchase or your fifth, it still holds many memories, holiday dinners, remodeling projects, and laughter. Even if the home is in distress due to a divorce, it is still the place where you feel comfortable and has a certain amount of security for you.

If you have become friends with your neighbors, as is often the case, you may not want to make the fact that you are in financial danger public

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To short sale or not….that is the question!

Just like the Shakespeare saying…to be or not to be people here in Cape Coral are asking themselves to short sale or not.

If you live in Cape Coral and want to sell your home in a short sale transaction, you are probably asking yourself is it really possible for a Cape Coral home short sale to actually close.   What about the things I read about in the news or hear thru the grapevine that the short sale process is time-consuming  and full of headaches and heartaches due to the uncooperative mortgage lenders?  Times have changed with short sales and the process has been streamlined to enable the lenders to work with homeowners to resolve and sell their homes in a timely manner and with less headaches.  The

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Interested in purchasing a beautiful Cape Coral waterfront home? Maybe you've always dreamt of owning a home in Cape Coral but thought it was out of reach. With short sales becoming ever more available, owning a home in Cape Coral may not be as far off as you had previously thought. 

What is a short sale? A short sale is when a property is sold for less than is owed on the mortgage.

When is it done? Homeowners who are struggling to make their mortgage payments may try to arrange a short sale so they can avoid going through foreclosure. Banks will approve a short sale when it's in their best interest to do so. If they think they can recoup more money through a foreclosure, then they'll deny the homeowner's request for a short sale.

Who

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