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.
Contributor
About
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.
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.
Categories
- Articles 304
- Bankruptcy 44
- Business 130
- Cases & Codes 68
- Contracts 27
- Criminal Law 110
- Employment 24
- Expert Reports 3
- Expert Witness 36
- Family Law 47
- Form Letters 15
- Immigration 6
- Intellectual Prop 32
- Internet Law 9
- Law Practice 96
- Law School 1
- Legal Research 14
- Litigation 186
- Miscellaneous 63
- PR Web 41689
- Personal Injury 586
- Press Release 43
- Probate 54
- Real Estate 68
- Tax Law 23
- Workers Comp 2