Irene Medina - South Florida Short Sale Specialist Closes a Short Sale in Coral Springs, FL

CORAL SPRINGS, Fla. - March 27, 2013 - PRLog -- Irene Medina, PA CDPE CRS, CEO of The Medina Group real estate team, Short Sale Specialist, has closed another short sale in the community of Shadow Wood in Coral Springs, Florida saving another Homeowner from Foreclosure.
Irene Medina, PA CDPE, has extensive training in listing, selling and negotiating short sales in Coral Springs, Florida. She has extensive short sale training including being trained by the Certified Distressed Property Institute (CDPE). She has been in the Real Estate business 9+ years and 5 of those years have been listing, selling, and negotiating short sales in Broward County and Palm Beach County. She uses a very comprehensive and complete short sale package that gets noticed by all bank negotiators. Irene's short sale package makes it easier and quicker for the negotiators to work on the file because all documents that are required in a short sale package are received as soon as the package is submitted. This is a very important part of the short sale process. Irene Medina, PA CDPE and The Medina Group do not charge for processing your short sale. This service is FREE. You can Contact Irene Medina at 954-439-4851 for more information.

This property is located in the community of Shadow Wood, in Coral Springs, Florida. It was listed with The Medina Group of Keller Williams Realty Professionals in Fort Lauderdale, FL.

This was a traditional short sale with Bank of America and the investor was Fannie Mae. There was no relocation incentive. Short sale took almost a year to close. Fannie Mae priced the property back in April of 2012 at $255,000. The property at that time had a market value of $235,000. They would not accept any offers lower than $255,000. The buyers stayed in contract with this property through out the past 10 months hoping that the investor would take less than the $255,000.  At the end the buyers agreed to the investors price. Property was appraised by the buyer's lender and the appraisal showed that properties have been increasing in the past few months, because the property did appraise at the sales contract price of $255,000. We are back in a sellers market and the banks are very aware of this. The house closed at $255,000, with the original buyers which were purchasing their very first home and the loan was an FHA loan with no credit for closing costs. The best part was the the seller finally closed on the property and the approval letter was given with a waiver of deficiency.

Irene Medina, PA CDPE of The Medina Group, cannot promise or guarantee that the lender or lenders involved in a short sale will approve the short sale or forgive the debt, but short sales offer an alternative to the damaging effects of a Coral Springs, Florida Foreclosure on your credit. A short sale of a home is a very complicated process when compared to a traditional sale of a home. If you need to short sale your home you need to make sure you choose an agent that has extensive experience in closing short sales in Broward County and Palm Beach County. Irene Medina, PA CDPE of The Medina Group, is a Short Sale Specialist and has closed over 100 short sales in South Florida with Bank of America, Chase, Wells Fargo, Green Tree, to name a few. She has surrounded herself with a team of professional and experienced people that make sure everything is going smoothly. Being that this is a very emotional and stressful type of transaction, Irene and her team make sure that they are "Standing by YOU Every Step of the Way". They make sure that you are informed from start to finish on the process with weekly updates. They are very skilled at negotiating with the banks, are relentless (squeaky wheel gets the grease..), and get the deal done. They have a high success rate of getting short sales approved. If you would like more information on short selling your home or you know someone that needs help short selling their home, please go to http://www.IreneMedina.net  for more information. You can also request a comprehensive short sale package.

A SHORT SALE, is an alternative to Foreclosure in Broward County and Palm Beach County. When a borrower is underwater in their mortgage and cannot continue making payments, they are faced with many decisions. They can allow the lender to foreclose, give back the house with a Deed in Lieu of Foreclosure, modify the loan, or get the bank to agree to a short sale where they will accept less than what is owed on the loan.

CALL 954-439-4851 FOR A CORAL SPRINGS, FLORIDA SHORT SALE HELP NOW!

Irene Medina, PA CDPE, can help you or someone you know with a SHORT SALE in any city in Broward County and Palm Beach County.

When you are ready to short sale your home because you owe more on your mortgage than what it is worth, CALL 954-439-4851 to discuss your options in a confidential interview or go to www.FLShortSaleServices.com  for more Short Sale information.

ALL SHORT SALE PROCESSING IS FREE WITH THE MEDINA GROUP.

Short Sale Specialist with Keller Williams Realty Professionals in Fort Lauderdale, Florida.