Re: Florida Short Sale Questions

Posted by Larry Ludwick on July 06, 2007 at 13:31:12:

In Reply to: Florida Short Sale Questions posted by Rich on June 25, 2007 at 14:00:48:

A foreclosure in Florida typically takes from four to eight months depending on how aggressive the lender is. The closer and better you work with them toward a solution, the less aggressive they're prone to be. My advice about selling is always the same: Price it right. It just doesn't matter on whit how much you owe on it, if it's priced too high it simply won't sell and this won't help you a bit. Price it right and if it sells for less than you owe, you work a short sale with the lender, or you bring cash to closing. If you can afford the cash this is the best option because you walk away clean.


Larry Ludwick
Sales Associate -- Realtor
CENTURY 21 Beggins Enterprises


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