If you are facing foreclosure and can no longer afford your home, you may qualify for a Short Sale—even if you don’t think you can (or haven’t been able to) sell your home. Let us help you!
Short sales, also known as a pre-foreclosure sale, are when you sell your home for less than the balance remaining on your mortgage. If your mortgage company agrees to a short sale, you can sell your home and pay off all (or a portion of) your mortgage balance with the proceeds.
You may even be eligible for up to $10,000.00 of relocation assistance if you participate in a short sale of your property.
A short sale is an alternative to foreclosure and may be an option if:
- You are ineligible to refinance or modify your mortgage
- You are facing a long-term hardship
- You are behind on your mortgage payments
- You owe more on your home than it’s worth
- You have not been able to sell your home at a price that covers what you still owe on your mortgage
- You can no longer afford your home and are ready or need to leave
Please note that you may be subject to tax consequences by doing a short sale as the forgiven portion may be taxable income to you. You should always consult with an accountant before making a decision to short sale as we cannot give you tax advice.
Our attorneys are also both licensed Florida Realtors® and can help sell your home!!! Please visit us at www.HKRealtyFL.com for more information on our real estate agent services to list your short sale property in: Atlantis, Belle Glade, Boca Raton, Boynton Beach, Briny Breezes, Cloud Lake, Delray Beach, Glen Ridge, Golf, Greenacres, Gulf Stream, Haverhill, Highland Beach, Hypoluxo Juno Beach, Jupiter, Jupiter Inlet Colony, Lake Clarke Shores, Lake Park, Lake Worth, Lantana, Manalapan, Loxahatchee Groves, North Palm Beach, Ocean Ridge, Mangonia Park, Palm Beach, Palm Beach Gardens, Pahokee, Palm Springs, Riviera Beach, Palm Beach Shores, South Bay, South Palm Beach, Royal Palm Beach, Wellington, Coconut Creek, Cooper City, Coral Springs, Dania, Dania Beach, Davie, Deerfield Beach, Everglades Parkway, Fort Lauderdale, Hallandale, Hallandale Beach, Hillsboro Beach, Hollywood, Lauderdale-by-the-sea, Lauderdale Lakes, Lauderhill, Lazy Lake, Lighthouse Point, Margate, Miramar, North Lauderdale, Oakland Park, Parkland, Pembroke Park, Pembroke Pines, Plantation, Pompano Beach, Sea Ranch Lakes, Southwest Ranches, Sunrise, Tamarac, West Park, Weston, Wilton Manors.