Realty 5000 is there for sellers needing to execute a short sale Cape Coral, Florida

Do you need to short sell your home?

Not sure what a short sale is? A short sale occurs when the value of a home is less than what is owned. This situation is usually the result of values in an area rapidly declining.

For many homeowners, a short sale is an ideal way to prevent foreclosure or bankruptcy when they can negotiate with the lender to forgive the difference.


What steps do I take in a short sale?

First, find out the true market value of your house. An experienced real estate professional, like those at Realty 5000, will be able to give you a realistic idea of what your home should possibly sell for based on a market analysis. Be cautious of websites where a computer estimates your house's market value since they may not have complete information or know important things like neighborhood trends and current listings.

When you're ready to get started, contact me through my site or e-mail me. I'm glad to address any questions you have regarding real estate short sales.

Next, calculate your closing costs. The knowledgeable agents at Realty 5000 will account for fees such as title report, appraisal, escrow, property taxes, and agent commissions to tally your final costs at the closing table.

Finally, get in touch with your lender and make them aware of the situation. They may even have a special department that deals with short sales. Ask about their particular process. Some lenders will be more willing to work with you than others. They may be able to lessen your loan principal or make other arrangements. Your lender will have to give consent for the final sale.


1136 NE Pine Island Rd. (By Appointment Only) Cape Coral, FL 33909
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