Orlando Short Sale, Foreclosure Assistance for Orlando and Surrounding areas

  “I have a, well personal,  question.” That’s how the conversation starts out from a growing number of Orlando property owners who contact Gitta’s Real Estate Team.  That “personal” question is usually about how they should proceed when they can no longer afford to keep up with a mortgage.  As we start to talk, the question becomes more specific.  It concerns three options. “Here in Orlando, should I just walk away, do a foreclosure, or short sell?” First of all, we at Gitta say we’re sorry anyone has to face this kind of decision.  Secondly, we say we aren’t legal experts or accountants.  Third, we share our experience with these options.   Overall, for those whose mortgage obligations have been impossible and cash flow dwindling, an Orlando short sale might be the superior option.  Here are some of the reasons:

 Ø      If you use a reputable real estate representative such as Gitta, you have an advocate.  We take on the job of negotiation, demonstrating your inability to pay, showing that the value of the property is significantly less than the outstanding mortgage, request forgiveness of the debt, and find an appropriate buyer at the appropriate price.  You are not alone.  Gitta is your partner in Orlando real estate.

  Ø      There are now laws and procedures and more emerging which help short sales be processed faster.   Ø      Every party in the loop, ranging from the bank to the Orlando community to you, can be a winner.

What are the steps you should consider?  Research this option on the Internet and with your lawyer and account.  It’s a major step. 

Contact us for the list of basic documents.  If you are unemployed or self-employed, you will also need that documentation.  Be prepared to wait for a decision.  No, there is no guarantee you will be able to transact a short sale.  And, please reach out to your partner at Gitta at www.greaterOrlandohomes.com

.  We’re waiting right here in Orlando for your call at 407-330-2181