RE/MAX Realty Group is there for homeowners needing to do a short sale Ft. Myers Beach, Florida

Time to short sell your home?

Don't know what a short sale is? A short sale is when you owe more than what the house will possibly fetch in the open market. This could be caused by many causes, but commonly is a result of a rapidly declining housing market.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can get the lender to write off the difference.

The process of a short sale:

First, assess the true market value of your home. If your finances are already strained, hiring a licensed appraiser may not be an option. Therefore, an experienced local real estate agent that knows the current conditions of the Ft. Myers Beach real estate market is the best way to get a reliable estimate of what your home could sell for.


	If you have any concerns pertaining to real estate or what happens during a short sale in Ft. Myers Beach, Florida you can contact me here or e-mail me.

Next, find out your closing costs. The qualified agents at RE/MAX Realty Group will consider fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at the closing table.

Finally, call your lender and notify them of the situation. They may even have a special department that manages short sales. Ask about their exact process. Some lenders will be more able to work with you than others. They may be able to lessen how much you owe or make other arrangements. Your lender will have to give consent for the final sale.