Wellington, West Palm Beach and Royal Palm Beach real estate and homes for sale in Florida - Jim Corbin, REALTOR® REALTOR® Logo - NUMBER1EXPERT NUMBER1EXPERT™ Logo
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About the Royal Palm Beach, Florida Area 

Request my Free Wellington, West Palm Beach and Royal Palm Beach Relocation Package. It's packed full of useful and important information about the Wellington, West Palm Beach and Royal Palm Beach, Florida area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... 

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Real Estate Tips
Short Sales >2. How to Request a Short Sale

If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.

  1. Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
  2. Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
  3. Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
  4. Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
  5. When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
  6. Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.

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Real Estate Trivia
Q 
Which nation, fueled by an oil and manufacturing boom, claims the world's longest building?

A 
The "Linear City" of Malasia is currently the longest.
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Jim Corbin, REALTOR®, real estate agent and broker for Wellington, West Palm Beach and Royal Palm Beach, Florida home listings, property and land for sale - NUMBER1EXPERT

Jim Corbin
Illustrated Properties Real Estate Inc.

11924 Forest Hill Blvd, #18
Wellington, FL 33414
561-798-2224: Direct Line
561-790-0529: Fax
Jim@JimCorbin.com

I champion anything I believe in wholeheartedly. This is never more true than in my real estate career. Combine my energy and determination to champion your buying or selling goals, and you have the formula that will lead you to sucess in your next move.

CRB CRS ePro Equal Housing GRI REALTOR


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