The short sale process is never easy, but with strong negotiating skills, problem solving, and a well-executed marketing approach, Orchilles was able to get the approval and close the real estate transaction. The Orlando home, which is located in the UCF area, a student community close to the Orlando International Airport, took 229 days to close. In recent months, banks have started to speed up their short sale process, but Francisco says this was still an expected length for the short sale transaction. This was a Wells Fargo short sale in Orlando and they have agreed to not pursue the deficiency. The mortgage payoff amount was $200,000. The home was originally listed for $117,000 and closed for $125,000 in an all cash transaction.
“There are never any promises when it comes to short sales in Orlando or anywhere in the country,” Francisco says, “there are many players in a short sale and all lenders have to come to an agreement on how much money they are willing to lose. Short sales however, offer homeowners the opportunity to avoid the damaging effects of a foreclosure and they can start rebuilding their lives. There are many parts of the short sale process that get complicated, so it’s important to hire someone with experience and know how like and the agents at Keller Williams Classic Realty in Orlando.”
CALL 407-925-4552 FOR SHORT SALE HELP NOW AND HIRE AND EXPERIENCED AGENT!
Deciding whether or not to short sale a home is a difficult and often times frustrating experience that should never be attempted without seeking professional help. Francisco and the team of agents that work at Keller Williams Classic Realty have proven time and time again that they have the experience and dedication to help families with their short sale needs. If you are on the fence about short selling your home and would like more information, contact Francisco at 407-925-4552 or email him at firstname.lastname@example.org
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Francisco Orchilles, Realtor® | www.orlandorealtylist.com | 407-925-4552 | email@example.com | Keller Williams Classic Realty | 5979 Vineland Rd. Suite 101 Orlando, FL 32819