Fort Lauderdale Homes

One Sotheby's International Realty is there for homeowners needing to execute a short sale Fort Lauderdale, Florida

Are you ready to short sell your home?

What is a short sale? A short sale is when the value of a home is less than the amount of the outstanding loans. This can be due to many factors, but most often is a result of a rapidly declining housing market.

For many homeowners, a short sale is preferential to foreclosure or bankruptcy when they can get the lender to forgive the difference.

How do I proceed with a short sale?

First, get an idea of the true market value of your home. Since hiring a licensed appraiser may not work with your already tight budget, an experienced local real estate professional that knows the current conditions of the Fort Lauderdale real estate market is the best way to get a realistic idea of what your home could sell for.


	When the time comes to sell your home, One Sotheby's International Realty will help. Take advantage of our expertise and knowledge of the local real estate market in Fort Lauderdale to sell your home quickly. Contact us today.

Next, estimate your closing costs. The experienced real estate professionals at One Sotheby's International Realty will take into account fees including title report, appraisal, escrow, property taxes, and agent commissions to calculate your final costs at the closing table.

Finally, call your lender and notify them of the situation. They may even have a specific department that manages short sales. Ask about their specific steps. Some lenders will be more willing to work with you than others. They may be able to reduce the amount owed or make other arrangements. Your lender will have to give consent for the final sale.