Boca Raton Luxury Real Estate Short Sales | LuxuryResortPortfolio.com

Luxury Resort Portfolio
The Definitive Source For Luxury Real Estate In South Florida

561.445.2282 Direct / Text
800.644.5616 Corporate Office
800.644.0059 Office Fax

LuxuryResortPortfolio.com
TheSmiths@LuxuryResortPortfolio.com
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Boca Raton Luxury Real Estate Short Sales
When the net proceeds of a real estate sale are insufficient to pay back the total commitment of the loan by the Borrower and the Lender agrees to accept less than the amount owed or borrowed on a property.

Please contact Luxury Resort Portfolio, your South Florida Luxury Real Estate Short Sale Listing and Buying Specialists if you have additional Short Sale questions, concerns or to schedule an appointment to tour any of these South Florida Short Sale residences. Luxury Resort Portfolio has extensive experience in effectively coordinating and assisting both Homeowners and Home Purchasers through the entire Short Sale process... culminating in a successful and completed Short Sale transaction.

Luxury Resort Portfolio recommends that both the Short Sale Purchaser and the Short Sale Seller contact and retain the services of legal counsel and a tax advisor prior to entering into a Short Sale agreement.
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Buyer Short Sale Process

1. Seek the services and advice of an experienced Luxury Real Estate Short Sale Buyer's Specialist
2. Submit to Selling Real Estate Broker an "As Is" Purchase Contract with an attached Short Sale Addendum

Seller Short Sale Process

1. Contact your Lender(s) to see if you are eligible for a Short Sale, and if so, request a Short Sale Package (Documents required by the Lender from the Homeowner for the Lender to qualify and approve a Short Sale)

2. List the property with a skilled and experienced Luxury Real Estate Short Sale Listing Specialist

3. Prior to receiving an offer for your property, your Luxury Real Estate Short Sale Listing Specialist will submit the Short Sale Package to the lender for approval of all documents in the Short Sale Package

4. Once all Short Sale documents have been approved by the Lender, your Luxury Real Estate Short Sale Listing Specialist will note such on the Multiple Listing Service to alert Cooperating Real Estate Brokers of a Completed Short Sale Package

5. After receiving an offer for the property, your Luxury Real Estate Short Sale Listing Specialist will submit signed Purchase Offer to Lender along with a Preliminary Settlement Statement (HUD - 1) and the Exclusive Right of Sale Listing Agreement

6. A Negotiator representing the Lender will be assigned to your file and will contact your Luxury Real Estate Short Sale Listing Specialist to coordinate, assist and facilitate the transaction on behalf of the Lender and / or Investor servicing the loan

7. Please note, the Short Sale purchasing process can take anywhere from thirty days to one hundred and eighty days or more to complete, if at all, depending on the Lender
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Luxury Resort Portfolio
The Definitive Source For Luxury Real Estate In South Florida

561.445.2282 Direct / Text
800.644.5616 Corporate Office
800.644.0059 Office Fax

http://LuxuryResortPortfolio.com
TheSmiths@LuxuryResortPortfolio.com

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Published By:
Carlyle Creative Group, LLC
561.927.7477

CarlyleCreativeGroup@gmail.com

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