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Short Sale
Processing
You may have done
everything right, but in today's housing market it's becoming more and
more common for responsible homeowners to find themselves with an
unaffordable mortgage. If you or someone you know is facing foreclosure
and doesn't know what to do, a short sale will help them to lessen the
damage to their credit. Moreover, through the recently revised Home
Affordable Foreclosure Alternatives Program, or H.A.F.A., you may be
eligible for a $3,000 incentive by pursuing a short sale, a dignified
foreclosure alternative.
Adams & Associates,
P.A. processes and negotiates short sales with the purpose of helping
homeowners who are struggling with their mortgage payments. We provide you
with the information, guidance, and the actual painstaking work that is
required to facilitate the short sale of your property. Our
website contains all the documents/information you need. Simply click on
the tab in the short sale section of our website. You will access your
entire short sale package here. Once you have the necessary documents to
start the process, you can e-mail them to lawyers@richardadamslaw.com or
send them via facsimile to (305) 824-3868.
All
Prudential Florida Realtors please click here
(All other Florida Realtors please click here) for our short-sale package, which
contains the checklist of documents required to start the process along
with some additional documentation that will help you getting the package
together for submission. Once you have the necessary documents to start
the process, you can e-mail them to
radams5@bellsouth.net or
send them via facsimile to (305) 824-3868.
Once
we receive the package, we will underwrite it within 48 hours, before
sending it to the Lender to make sure that the hardship is stated
correctly and that the entire file makes financial sense to the lender’s
investors. We will then assign your file to one of our internal processors
who will take care of submitting, processing and negotiating your file
with your lender. You will receive weekly e-mail updates from your
assigned processor letting you know the week’s activity on your file.
Your processor, as well as the attorney assigned to your short sale, is
also available by cell phone.
As
you may know, our service does not require any up front fees, nor is there
any charge to the seller, buyer or realtors. We negotiate our fees
with the lender and it is up to them to approve them and pay them at
closing. We do not take anything from your realtor’s commission. Also,
if the deal does not close, there is absolutely no charge to seller or
seller’s agent.
We
appreciate the opportunity to serve you and hope our service is beneficial
to you and your client, and that you take advantage of the opportunity to
increase your sales. It is our goal to keep you up to date
with the latest activity on your file so that you maintain a good buyer
retention ratio on your files. We look forward to working with you. Please
call us if you are an interested seller, seller’s realtor or buyer. The
consultation is free.
Short Sale Package
(non-Prudential Florida Realtors)
Short
Sale Package (Prudential Florida Realtors Only)
Benefits of a Short Sale v.
Foreclosure
Main Telephone
Number:
305.824.9800 Main Fax Number: 305.824.3868
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