Short Sales in Fort Lauderdale - What buyers and sellers need to know - Patience is the Key !
We have all heard over and over again that "short sales don't work", "they never close", "banks don't approve them", and my personal favorite, "I'm going to lose the house anyway so why even try".
I can always seem to find a buyer of Fort Lauderale Real Estate willing to tell the story of the Ft. Lauderdale Short Sale he tried to buy that just did not happen. To all those people I can assure you of only two things, first, if you don't attempt a short sale it will never be approved. Secondly, short sales do take patience.
80% of the people losing their homes in the Fort Lauderdale Real Estate market never attempt a short sale. As of late banks have been moving staff into their short sale area and attempting to work out the system.
To me this means they are tyring to be more receptive. Short sales do take some effort on the sellers part, a great deal of patience on the buyers part, and a professional on your side to help make the deal happen.
Everyone needs to think, Is the entire process worth it ? On closing day the answer of most short sellers, and buyers is a resounding, Yes ! The thank you letters we get from buyers and sellers of Ft. Lauderdale Real Estate convince us that once the process is, over both buyers and sellers of Fort Lauderdale short sales, feel the deal is a win-win.
