SHORT SALE / REO SERVICES
As you may have heard MUNNS REAL ESTATE CO offers an opportunity to get out of the home you can no longer afford. If you owe more on your home than what it is worth or simply can no longer make the payments we will work hard to find a solution for you. In Florida home owners have many options including a Short Sale. When you speak with one of our agents you will get advice for saving your home or selling your home. We are only interested in performing a Short Sale if you no longer can afford it. If there is a way for you to save it we will find it for you. It costs you nothing to speak with us so call today. Time is of the essence!
If you want to buy Short Sales or Foreclosure properties we have many!
Talk to a live person please call: 1-855-696-8667 x 0 (Selling or Buying)
When considering a short sale it is important to get your mind right. Take the emotion out of it. Think of the home as an investment because that is what it is. Then think about what you would do with other investments when they no longer perform. You cut them loose. I know it is difficult but you have a payment you can no longer afford on a home that is valued less than what is owed. It will take years to breakeven on your home and it could devastate you financially. The majority of all homes for sale in most states are short sales. All these homeowners are in the same situation as you. Do yourself a favor and get out from under this crushing debt. No need to be fearful. Hiring a qualified real estate agent streamlines this process and increases the chances of success. If you are viewing this page time is of the essence because you are either in foreclosure or it is coming. |
WEIGH YOUR OPTIONS!
Distressed property atmosphere in America: A Wall Street Journal article regarding Short Sales...it's an easy read, check it out. Mortgage reduction...HAMP Program...Everything you need to know. |
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For explanations or advice feel free to call. Toll free: 1-855-MY MUNNS ext: 0 |
GENERAL INFORMATION
Short SaleSale of a home for less than the amount owed. Generally after the last payment was made and before the foreclosure sale. The term Short Sale does not show up on a credit report. Account status appears as: 1. Paid in full 2. Paid - Settled 3. Paid - Unrated 4. Paid - Less than owed Fannie Mae - Homeowner is eligible for a new loan in 2 years. FHA - No info.... |
ForeclosureBank take the home. Credit report says foreclosure. Stays on credit report for 7 years. Fannie Mae - Homeowner is eligible for a new loan in 5 years. FHA - Homeowner is eligible for a new FHA loan in 3 years. |
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Short Sale Flow Chart
Foreclosure Flowchart
