Short Sale your House in Miami
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Miami Short Sales done right!
You have found the right team to short sale your house in Miami! All we do is short sale houses quickly, privately, and without hassle. You want an expert that can deliver results and is confident in short selling houses. Many agents can say they are experts but none will actually purchase your house and get the process moving faster than we can! It doesn’t matter if your foreclosure just started or you have an upcoming sale date at the Miami-Dade county auction, we can help!
Short sale price negotiations and the overall short sale process can be daunting to say the least. With Antlop’s expert team of negotiators, you can rest assured the short sale process will be easy.
You can trust the #1 Miami Short Sale Expert in: Aventura, Bal Harbour, Bal Harbor Islands, Biscayne Park, Coral Gables, Cutler Bay, Doral, El Portal Florida City, Golden Beach, Hialeah, Hialeah Gardens, Homestead, Indian Creek, Key Biscayne, Medley, Miami, Miami Beach, Miami Gardens, Miami Lakes, Miami Shores, Miami Springs, North Bay Village, North Miami North, Miami Beach, Opa-locka, Palmetto Bay, Pinecrest, South Miami, Sunny Isles Beach, Surfside, Sweetwater, Virginia Gardens, and West Miami.
Below you can find out more about what a short sale is and how we can help. There’s even a frequently asked questions section at the bottom that we recommend you read. An educated client is the best client!
What is a Short Sale?
A short sale happens when you sell your house for less than what is owed to the bank in order to AVOID Foreclosure.
We will short sale your house in Miami no matter the condition!
The condition doesnt matter. We buy short sale houses in good, fair, and tear down conditions. We’ve bought house with holes in the roof and foundation issues.
We buy houses that have liens and violations too!
You may already have abandoned your house. Did you know you’re still liable if someone get hurts?
A short sale allows you to repay your loan in full!
You walk away with your hands clean. We pay for your foreclosure debt. If you’re looking to eliminate the entire foreclosure debt, short sale is the best option.
You can get money from the bank for a short sale!
When you are approved for your short sale, you can expect to receive between $3,000- $10,000 at closing from the bank! You can use this money. A check will be written or a wire sent to you on the day of the short sale.
How do I know Short Sale is right for me?
If you haven’t made mortgage payments, didn’t qualify for a loan modification, did a bankruptcy, or have a foreclosure auction date, a short sale is your answer!
How can a short sale help me?
A short sale will help you because it will help you AVOID YOUR FORECLOSURE! You will not be responsible for the mortgage debt when the short sale is complete. It will show on your credit statement as an account PAID IN FULL!
Credit history: You are now eligible for financing within 2 years of a short sale. In a foreclosure the minimum wait time is 7 years! Your credit drops 70-100 points with a short sale. A foreclosure can drop your credit score as much as 400 points. There are new loans that will allow you to buy a new house within 1 day of a short sale!
You may be wondering “Where will I move?” or “How do I move in somewhere new with no money?” We try to help every homeowner by submitting your hardship and paperwork to the banks foreclosure relief programs. The bank has foreclosure relief programs for distressed homeowners to sell their homes (through short sale) to avoid foreclosure, even if the sales price is not enough to pay off their existing mortgage loans. You may receive relocation assistance ranging from $3000 to $10,000! Not all banks participate but we do everything we can to get you money.
Short Sale Deficiency Waiver: A deficiency is the difference between the approved short sale selling price and the total mortgage debt amount due. For example, John owes $200,000 and his short sale approval came in at $150,000. The difference between the $200,000 owed and the $150,000 approval price is $50,000. We get the bank waive their right to collect on the $50,000 and you walk away, not owing anything. We fight for you during a short sale. So much so that we get the banks to waive their rights to a deficiency judgment. So far ALL of our clients have received a waiver of deficiency.
Why do I Need a Miami Short Sales Expert?
We have been helping homeowners overcome FORECLOSURES since 2008. Out of the over 250 families we have helped, 100% have owed NOTHING after a short sale! We buy houses for cash that are in any condition and any situation. Let Us Help! We can help you with any real estate related problem. We are truly MIAMI’S #1 SHORT SALE SPECIALISTS!
Having an experienced Miami short sale specialist is a key factor when facing a foreclosure. Short sale isn’t always the answer, but it counts to have someone knowledgeable and experienced if that is the option your are taking.
One of the reasons it is important to have a good short sale specialist work on your short sale is because TIME IS OF THE ESSENCE in a foreclosure action. On one hand, you have real estate agents that work based off of commission. In other words, the higher the offer price, the higher the commission they think they will get. This type of realtor wastes precious days, weeks, and even months waiting for a juicy offer. Unfortunately, that strategy backfires because the bank will likely negotiate to a higher price than what was initially offered. This wastes valuable time especially when facing a foreclosure sale date! We do not work for commissions! We work with the homeowner to buy your house cash as fast as possible so there is no time wasted. Inexperienced realtor will just waste your time waiting for the perfect offer to come in. As soon as you give the OK, we start the simple process!
Another reason an experienced short sale specialist is important is understanding the process. An experienced Miami short sale specialist, such as ourselves, understand the process of foreclosure fully. We have been doing this since 2008 and have helped over 300 families! We know when and what needs to be done and where. Having an inexperienced non-foreclosure professional missing key steps in your short sale can cost you big in the future. A good example is missing the deficiency waiver and the bank coming back to you a few years down the road and garnishing your wages or taking your rental deposit (it happens all the time)!
You’ll be aware of everything in the process, A to Z coverage. We carefully review all your documentation for accuracy. We know the laws that are being passed (or not) on foreclosure all the way from the local Miami level all the way to Washington D.C. (national level). We present every avenue to the homeowner in order to help them make the decision that is right for them.
If you’re choosing to do a short sale in Miami, there is nowhere else to look. You are reading the about the truly #1 Miami Short Sale Specialist Team in South Florida. There is no situation we cannot work with because we are confident that we can complete your short sale quickly and on a level of professionalism not yet witnessed in Miami. We may even get you up to $10,000 from the banks relocation program!
Frequently Asked Questions about Miami Short Sales
Can you explain what a short sale is in a different way?
A “Short Sale” or “negotiated settlement” or “short pay” occurs when a Lender agrees to accept less than the amount owed to payoff a loan as an alternative to foreclosure. If the property is worth less than the amount owed on the loan, then even if the Lender forecloses and takes back the property, they know they are going to take a loss. We can often convince a Lender that they will “do better” if they take less than what is owed now rather than taking the property back by foreclosure and trying to sell it later.
How long will a short sale take?
The Short Sale negotiation process takes 3 to 6 months to get approved. Many Lenders have several layers of bureaucracy, insurers, and investors that we will have to maneuver through in order to get a Short Sale approved. So it is important to be patient during this long process.
But my house is going to foreclosure, will I have enough time?
It is critical you call us as time is of the essence in a foreclosure. Just starting a Short Sale will not automatically stop a foreclosure. However, many times we can convince a Lender to stop the foreclosure to let us attempt to negotiate the Short Sale. Other times, we can use our lawyers to postpone your foreclosure at no cost to you. So, while there are no guarantees, it does not hurt to try.
Can I stay in the house? Can you lease it back to me/ to a relative? Can I buy back my short sale?
The purpose of a Short Sale is to get the property sold. Most times, the bank will ask you to sign a disclosure under the penalty of perjury that states you cannot live in the house after a short sale has happened, and that the sale is an “arm’s length” transaction. If this agreement is broken by you, the foreclosure process and mortgage debt will be reinstated and you may face criminal charges. This is not a program that can stop a foreclosure and allow you to keep the house indefinitely. You should make plans to move as a short sale is being processed.
Will I get any money from the sale?
In many cases, the homeowner received money for relocation from the banks relocation program. You must qualify for this assistance and it is not guaranteed.
How can I help?
The Lender will require a review of a financial package that usually includes: two months’ bank statements, two months’ pay stubs, two years’ IRS tax returns and other information. The leading cause of delay and even denial of our offer to the Lender is caused by the Seller failing to call us in a timely manner.
To help us succeed, please find as much of this information as you can right now – this will help us work faster and increase our success. Call us at 305-501-0457.