Have you fallen behind on your mortgage and are looking for a Venice realtor that can help you through the short sale process? The team at Toni Patillo & Associates can do just that for you. First and foremost, however, Toni wants you to know that when navigating through the short sale process you want to be sure that your Venice realtor is also a short sale expert, just like the team at Toni Patillo & Associates.
The first step in completing a short sale, once you’ve defaulted on your mortgage or fear you’re going to default, you need to contact a Venice realtor to discuss your situation and determine if a short sale is your best alternative. Once determining this your Venice realtor will work with an expert to determine the value of your property and put it up for sale. After you home is listed your Venice realtor will help you assemble your short sale package and submit it to your lender on your behalf. Once your short sale is approved the lender will assign a negotiator to your file; this negotiator is who your Venice relator will work with throughout the duration of the transaction. Once you receive an offer on your home your Venice relator will work out the terms of the sale with the negotiator; this is different when compared to an equity sale as there is no negotiating between the two Venice realtors.
Once your short sale is completed and your debt forgiven, you can begin a new financial chapter in your life. If you work with the right Venice realtor, such as Toni Patillo & Associates, they can help you get back on your feet as well and provide you with tools to help you start rebuilding your credit and building a solid financial foundation.