What is a Short Sale?

As Broward County Short Sale Specialists, we want to make sure you have all of the information that you need when selling your Broward County home.  We are talking about a lot about this topic as most of our clients are today.  Is a short sale the right choice for your Broward County home?  Let's see how we can help you make the right decision for you.  It is not an easy decision for anyone that owns a home in Broward County but it is imperative that you fully understand Your Options!

A short sale is very simple however not easy...it is when the seller owes more to the lender than the property is currently worth in today's market.  The lender has to accept and approve the shortage as they are taking the loss.  This is an option when life happens to really good people.  You are not alone and the Heather Edwards Team will walk along side you during the short sale process on your home.
 
People hire the Heather Edwards Team Realty as their Broward County short sale expert because we have a 98% success rate in helping our clients avoid the foreclosure right here in Broward County.  That is a 200% better chance than with other MLS agents.  We have our success with our Broward County Short Sales because of our relationships with negotiators and understand how to make the short sale a Win-Win. Anyone can list a short sale in Broward County, 
we can get it closed!  

Getting a short sale closed in Broward takes expertise, work ethic and connections.  The Heather Edwards Team has all of those things.  Don't just list a short sale, hire a team that can get it closed.  We are the team to get you too the closing table.  We can help you avoid foreclosure.  We have the PROVEN plan.

If you or anyone that you know needs more information about the Short Sale Process any where in Broward County, Florida, call us to see if we can help.  We want to resolve your stressful financial situation as your Broward County short sale experts.  
 
Where do we start?
1.  The seller calls the Heather Edwards Team.  80% had lost hope before calling us.  If this is you, that is ok.  Go ahead and call us about your Broward County underwater home.
2.  We meet to discuss your home, your situation to discuss a strategy to help you avoid foreclosure on your Broward County home. 
The seller lists the property for sale with the Heather Edwards Team, Broward County Specialists.
3.  We find the buyer who makes an offer subject to 3rd party approval.
4.  Seller accepts the offer.
5.  The Heather Edwards Team prepares the short sale package and submits to the lender.
6.  The Heather Edwards Team and their designated short sale team negotiates the short sale on your Broward County home.  We are the short sale team to get you a yes.
7.  The 3rd party lender approves the deal.
8. The Heather Edwards Team and our team reviews the short sale approval with you.
9.  We close the transaction.
10. You move on and life improves.

What a short sale is not?
1.  A way for owners not in hardship to get rid of a home that is underwater.
2.  A get out of debt free card.
3.  It may not be an option for sellers with assets.

Short Sale Consequences
1.  The lender may issue a 1099 for the debt forgiven.  Depending on whether this is an investment or your primary residence will determine if you will have tax consequences.  2012 may be the year to short sell your primary residence.  
2.  Impact on Credit.  The short sale may impact your credit rating however far less than the impact of a foreclosure on your Broward County home.
3.  The 3rd party lender might require an unsecured note or a lump sum depending on your assets and income.  

You have questions, we have the answers so Contact Us.

To discuss your personal situation and to see what programs will benefit you, call the Heather Edwards Team.  
As your 
Broward County, Florida short sale agents, we are here to help you with your Short Sale.  
The Heather Edwards Team
Phone: (561) 463-0840