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Short Sale Addendum Florida  Form

Short Sale Addendum Florida Form

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Instructions and help about sd short sale addendum get

now your first question might be what actually is a short sale and um i'm going to go through this with you very quickly it's very simple if you want to sell your house very fast for cash then house cash in gets the cash flowing basically a short sale is a program that the lenders mortgage companies lenders banks put have had around for over 20 years and it's designed to let people sell their property when the amount that they owe on the mortgage is more than what the realistic as is value of your house is for example let's say you owe two hundred thousand dollars on your mortgage that's your payoff but the comps in the area that you know the comparable sales in the area are showing that your property really right now is only worth about a hundred and fifty that means that if you had to factor in a 200 200 000 payoff and add on about eight percent to that which is commissions and closing costs i mean you would have to sell your property for 70 80

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