Short sales are not like what they were even two years ago. They are extremely time consuming and lenders try to get full market value on properties that are distressed. It takes a savvy real estate pro with years of experience to get through the grueling short sale process.

Buyers need to be prepared to wait at least 90 days for an approval. And title companies can expect lower fees, lenders are placing a cap on what they will now pay for title work.

I recommend you avoid a forced foreclosure, it comes with a judgement that can haunt you for up to 10 years. I have been a Certified Distressed Property Expert (CDPE) since 2010 and I have assisted many homeowners and investors out of a financial mess in Brevard County, FL.

If you are behind on mortgage on the Space Coast ContactAgiNow.com let's see what options you have to avoid foreclosure.

The housing market is in even more danger of a double dip considering emergency government benefits like extended unemployment and the payroll tax cut are scheduled to expire by the end of the year. The expiration of these benefits is expected to leave the most vulnerable Americans in a bind, unable to find jobs and with limited government assistance.

An extension to the Mortgage Debt Forgiveness Act was included in the fiscal 2016 federal appropriations and tax relief bill, which passed both the House of Representatives and the Senate. If you or someone you know is upside down with their mortgage on the FL #SpaceCoast, reach out to Agi Anderson, TextAgi.com

There are countless homeowners and real estate investors behind on mortgage because their adjustable rate mortgage converted.

One of my client's payment tripled, this investor is an engineer with a very good job. It was very difficult coming to to the tough decision that the best option was selling in a short sale.

The balance of the loan is $370,000, I just submitted an offer to the lender for $220,000. I am sure you're wondering what happens to the $150,000 difference? Well that's where FL Prevention Services steps in, we negotiate the short sale for the property owner. The owner does not pay a real estate commission, they typically have little or no out of pocket expense. It really doesn't matter what causes the delinquency with a mortgage, the better alternative to foreclosure is a short sale. Get more information at PainfulPropertySolutions.com

Great explanation for homeowners and real estate investors behind on mortgage. If you or someone you know is struggling with mortgage misery we can help at FL Prevention Center. Learn more at PainfulPropertySolutions.com

If you or someone you know is behind on mortgage, all are invited to reach out from my knowledge and experience with helping owners who have first and second mortgages, if one or both monthly payments have increased. Matters not, there is financial relief at StopMortgageMisery.com