Short Sale vs. Foreclosure?

Do you know the difference?

When the market value of your home is less than the amount of the mortgage balance, a short sale may occur.  If you have a hardship situation, the goal is to sell the home, and ask the mortgage company to accept the sales price (minus closing costs) as settlement in full of the mortgage with no further obligation to the homeowner.  This is a proactive way to address the problem and lessen the hardship on all parties.

Foreclosure occurs when a homeowner fails to make payments on the mortgage and the bank takes back the home which is later sold to a third party.  This is detrimental to one's credit.

Linda is experienced in selling homes that are a "short sale" and has had a 100% success rate in negotiating acceptable deals with the banks involved.  Linda is more than short sale certified, she has a proven track record to back it up!

If you are unable to make your mortgage payment due to a hardship, you owe it to yourself to contact Linda right away!  Don't wait another minute!  Call 813-810-8412 or email Linda @RealtorLinda.com today!