Kara Homes & Associates, which successfully closed more pro-consumer short sales in Central Florida last year than any other single agent, can help make your short sale process quick, efficient and stress-free. Our team has the expertise and proven track record needed to expedite the successful sale of your home, sometimes in as little as 45 days! Additionally, we will work to protect your credit, minimizing the impact of the short sale on your credit score. You have nothing to lose but the stress and worry of being trapped in an upside-down mortgage.

A short sale is the sale of a property when the sale amount falls "short" of the balance owed on the property's loan. It most often occurs when a borrower/homeowner cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than the substantial loss that would result from foreclosure.

The short sale process allows all parties to avoid foreclosure, which involves hefty fees for the bank and significant harm to the borrower's credit report. A short sale is also typically faster and far less expensive than a foreclosure. Short sales are also a cooperative effort on the part of the borrower, lender and the new buyer, rather than the borrower being forced into a foreclosure situation by the lender.

The short sale process can be difficult to explain as each short sale is different depending on the borrower's situation, the outstanding loan balance and the lender(s) involved. Please give us a call and let our qualified team answer any questions that you have.