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April 27, 2020
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The Florida real estate market has been suffering; it is one of the states hardest hit by a combination of the down economy and the bursting of the real estate bubble. Many situations can lead to the loss of one’s ability to make mortgage payments: job loss, divorce, health problems, declining values in real estate, inflated lending rates on adjustable rate loans, or just too many bills and not enough income. We, the Law Offices of Walter F. Benenati with locations in Orlando and Kissimmee, Florida, see these heartbreaking situations every day. But we also have the know-how to offer a number of solutions, helping you solve your financial problems, minimize stress, and get you back on strong financial footing. One of the options we offer homeowners in trouble is help with the short sale process. Life does have a Restart Button.
What is a Short Sale?
A short sale is a process in which the lender agrees to accept less than the outstanding loan amount, satisfying the seller’s loan at a now reduced amount. A short sale allows both the lender and the property owner suffering from financial difficulties to avoid the messy business of foreclosure by selling the property at a loss. Orlando Short Sale Attorney Walter F. Benenati negotiates this agreement with the lender: carefully constructing a deal that gets our clients out of a financial situation that has become unhealthy for them.
At the Law Offices of Walter F. Benenati, our primary goal is to protect our clients’ interests.
Whatever the reason or situation that makes it imperative that you sell your home, we work tirelessly with you to ensure that you have the help you need to make the short sale process easy, straightforward, and one that satisfies your needs.
Short sales are more beneficial to a lender than a foreclosure because short sales are less expensive than the lengthy foreclosure process. Lenders accepting short sales receive a large percentage of the outstanding loan amount due them without having to wait for a foreclosure, also avoiding pricey foreclosure fees. Walter F. Benenati has the experience you need in persuading and negotiating with lenders to obtain a quick short sale that satisfies both the lender and the seller, often preserving the seller’s credit rating.
You, our client, are our number one priority at the Law Offices of Walter F. Benenati. With locations in Kissimmee and Orlando, we are here to serve you. Call us today to discuss your case at 407-777-7777. Don’t delay Restart your life today.