SHORT SALES IN FLORIDA

Short sales in Florida occur when a homeowner who can no longer afford to pay for their mortgage may avoid foreclosure and get out of the debt with minimal financial damage by he selling the property for less than the mortgage amount. Since the lender must accept less than what they are owed in order for a short sale to be approved, it is the lender’s decision whether or not to accept the short sale offer proposed by the homeowner.
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Ray Garcia is AV Rated by Martindale Hubbell. He has been admitted to the Florida Bar since 1997 and is a Board Certified Real Estate Lawyer.