Irene Medina has JUST CLOSED a traditional short sale in Plantation, FL with BANK OF AMERICA

Jan. 9, 2013 - PRLog -- Irene Medina, owner of the Medina Group real estate team, has closed another short sale in the community of Plantation Hills, in Plantation, Florida in Broward County, saving another Homeowner from Foreclosure.

Irene has extensive training in listing, selling and negotiating short sales in Plantation, Florida. She has extensive short sale training including being trained by the CDPE Institute. She has been in the Real Estate Business 9 years and 5 of those years have been listing, selling and negotiating short sales. She uses a very comprehensive and complete short sale package that gets noticed by all bank negotiators because it makes their job easier when they have all the documents required as soon as the package is submitted, which is very important in the beginning of the short sale process.

This property is located in the community of Plantation Hills, in the city of Plantation, Florida in South Florida in Broward County. It was listed with THE MEDINA GROUP of Keller Williams Realty Professionals, Fort Lauderdale, FL.

This was a Fannie Mae traditional short sale. It was a very difficult short sale to negotiate because Fannie Mae, wanted a sales price higher than what the property's market value was. But Irene and The Medina Group negotiated and worked very deligently to help Bank of America show Fannie Mae the true value of the property so that we can get an approval and close the deal. The property is a 3 bedroom 2 bath pool home with a 2 car garage. It was in original condition with no updates and non-functioning pool. The list price per Bank of Amedrica was $240,000, but the true appraised value of the property was $226,500.  House sold and closed at $226,500. Due to investor wanting a higher price for the property, the short sale process took longer than usual.The buyer purchased the property with a conventional loan. The sellers received a short sale approval and the bank will not pursue a deficiency.

Irene Medina 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 Plantation, FL foreclosure.

A short sale of a home is a very complicated process when compared to a tradtional 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 closing short sales. Irene Medina of the Medina Group, has closed over 100 short sales in South Florida, with Bank of America, Wells Fargo and Chase to name a few. She has surrounded herself with a team of 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 there every step of the way for you. 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, and get the deal done. If you would like more information on short selling your home or would like a copy of Irene Medina's short sale package go to, HTTP://IRENEMEDINA.NET .

A SHORT SALE an alternative to Foreclosure. 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 foreclosure, 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 accept less than what is owed on the loan.

CALL  954-439-4851 FOR A PLANTATION, FL SHORT SALE HELP NOW!

Irene Medina can help you with a SHORT SALE in any city of Broward County.

When you are ready to short sale your home because you owe more on your mortgage, call 954-439-4851 to discuss your options in a confidential interview or go to HTTP://IRENEMEDINA.NET .

ALL SHORT SALE PROCESSING IS FREE WITH THE MEDINA GROUP.

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