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.

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

Mortgage problems? Stop the grief and get relief.

According to CoreLogic, there are two more years until we reach a stable real estate market. Distressed properties which include foreclosure homes and short sales will continue to be a part of the inventory with properties for sale. In 2008 I predicted it would take 10 years to recover from the real estate tsunami of our times. People thought I was crazy, but you know what, I was right.

If you are thinking about investing in real estate, NOW really is the time. Lacking funds, what about a self directed IRA which makes you a CASH buyer. Whether your searching for a residential home or a money making investment property reach out and connect with me, the FL Property Diva.

The Diva did a Double Take! Wow, it's amazing getting a #jumboloan so soon after a #foreclosure or a #shortsale. It does state all other credit has to be aligned to be considered for a #mortgage. No more are the days of foreclosures haunting you for years after.