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.

This foreclosure home needs lots of work. TextAgi.com for after repair value RPR Report.

By 2015, about 1 million who lost homes between 2006 and 2014 had already bought homes again, according to the NAR. Many others may be eligible to purchase a home, perhaps sooner than they think. Start your search for homes for sale at SpaceCoastFLHomes.com

"New investors, such as traditional home buyers, flippers and mom and pop investors, are now competing for space in the marketplace, while aged inventory declines. These “new” investors may have been eyeing REO for years, but faced certain barriers to entry that are now lifting. This is largely occurring because the 100 percent all cash model is being offset by the availability of contingency financing. Additionally, as the assets become more viable, sellers are now open to accepting different financing options because they want to get the right buyers into the properties vs. driving transactions that result in liquidation."

Buyers Beware Purchasing REO Bank Owned Foreclosures. Grab a copy of my FREE GUIDE, Avoid 7 Costly Mistakes Buying Foreclosures

Agi Anderson, FL Property Diva, Real Estate broker since 1994 specializes with assisting buyers and real estate investors purchase foreclosure properties ~ Reach out and PROFIT from my knowledge and experience with buying, selling, investing 321-209-7271 / FLPropertyDiva@a1ainfo.com #auction #foreclosures #foreclosurehome #realestate #spacecoast

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