Short Sale in Naples, Florida
Experienced Naples Short Sale Attorney
If you are struggling with debt and cannot make your mortgage payments, a short sale could be the right step for you to take. A short sale is an effective way to deal with the threat of foreclosure and crippling debt. The best part about a short sale is that it allows you to stay in control-you sell your home and give the proceeds to your lender. In contrast, a foreclosure is when the bank or a creditor sizes your home.
The Steps of a Short Sale
You can achieve a fresh start while repaying your lender. In order for a short sale to be successful, you need to come up with sufficient cash from other sources to cover the shortfall or your lender must agree to forgive any portion in which you are short. To get a short sale approved, you will have to do the following:
- Prove financial hardship
- Show the property is worth less than amount owed
- Find a qualified buyer
- Convince the appropriate decision makers
We can help you pursue the best option!
While a short sale is an effective alternative to foreclosure, there are many other less drastic options you should explore first. When you need help pursuing a short sale, you can count the Law Office of Conrad Willkomm, P.A. We have completed hundreds of short sales. When you work with us, we will make sure you remain informed and that your best interests are continually protected. We can help you determine the best solution for you and your family! Do not hesitate to take advantage of our free consultation now.