Short Sales

Loss Mitigation Services

shortsales

Sky High Investing is part of a national network of loss mitigation experts.

Our loss mitigation division will serve to your benefit throughout any short sale process. We have developed systems to overcome the obstacles many face today dealing with short sales. This is why we bring so much value to the transaction. We will make sure that every possible option is explored so that the best results can be obtained every time. In addition to serving homeowners in distress, we work with many local realtors, investors, title companies, and attorneys to improve their productivity.

Our loss mitigation team has completed hundreds of short sale transactions successfully. We focus on achieving win-win results for all of our clients. Our team facilitates negotiations and expedites the approval process. We navigate you through the many complexities of short sale transactions and we never stop working until your problems are resolved. So you can count on our expertise and know-how to guide you safely through even the most difficult cases.

The Finest SHORT SALE TEAM helping Central Florida families move forward with their lives.

Short Sales Explained

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have improved the chances of getting a short sale approved. Along with improved turn around times, today a homeowner may also qualify for monetary incentives like relocation assistance. Some homeowners have already received thousands of dollars from their lenders by completing the short sale process. Although there are still several challenges to successfully completing the short sale process, we will continue to find the most effective solutions to create win-win situations.

 Here’s a more official definition:

A homeowner is ‘short’ when the amount owed on his/her property is higher than current market value.

A short sale occurs when a negotiation is entered into with the homeowner’s mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then ‘sold short’ of the total payoff of the mortgage.

If you are late on your mortgage, facing foreclosure, or  simply NEED to sell a property that is worth less than you owe, then you may NEED a short sale…. and you will NEED our expert team.

Our real estate services are NO FEE to sellers

Our loss mitigation team has handled over 500+ liens

Our Success Rate is 3 times the national average!

Our marketing expertise is second to none!

Team Leader is a Short Sale Specialist and belongs to a National Short Sale Expert network

For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances:

Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

Monthly Income Shortfall – In other words: “You have more month than money.” A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.

Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

Benefits for you and your family:

AVOID foreclosure

Less impact on your credit

Have more time to move

No cost to you

The home will be marketed and purchased “AS IS”

No matter the situation – there is a SOLUTION:

Bankruptcy

Divorce or illness

Costly repairs

Unpaid property taxes

Sizeable liens or judgements

No equity

This may seem simple enough, but it is a complicated process that takes the expertise of experienced professionals. We are part of a national network of experts and we are ready to identify all possible options.

Understanding your options now could mean all the difference in the world.

Call us today for a free confidential consultation.

Time is of the Essence!

As your Central Florida Short Sale Team, we promise to bring you the most market ready, most ethical solutions. There are many options to avoid foreclosure besides short sale that we will help you understand as well. Be certain that you do NOT pay any FEES or Commissions for short sale services.

There is no other short sale team in Central Florida that will bring you as much heartfelt CARE combined with undeniable expertise!

Typical documents required by your lender to initiate a short sale:

Financial worksheet- breakdown of monthly income & expenses
Last 2 Years Tax Returns and W-2/1099
Last 2 Most Recent Complete Bank Statements
Last 30 Days Paystubs
Hardship Letter
Purchase and Sales Agreement
Listing Agreement

The above items constitute the typical documents required for a short sale. We will provide the Lender’s specific Short Sale requirements approximately 3 days after we receive the authorization. Please be aware that individual banks may require additional information not listed above.

In addition to working directly with homeowners, we also work strategically with Attorneys, Title agents, Mortgage Brokers, & Lenders to facilitate the short sale process.

Over the past several years, we have been seeing more title companies, brokers, and attorneys taking on the role of short sale processors for their clients. This can be very time consuming and frustrating. Instead, focus on generating more closings to increase your profits while we handle everything else for you.

If you find yourself in a short sale or pre-foreclosure situation we highly recommend you seek out experienced loss mitigation professionals that keep up to date with all the most effective solutions. In this dynamic industry there are so many changes to laws, regulations, and practices that affect how the process is handled. Make sure you are well informed of all possible options before you make any decisions.