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Daytona Beach area shortsales are not for the faint at heart. Here are tips and advice for both buyers and sellers that will be helpful in a successful closing. Patience, skill and an understanding is what is needed in handling short sales today.
Daytona Beach Shortsales | Greater Daytona Beach Area Shortsales | Preforeclosures in Daytona Beach Florida
As a shortsale specialist, I have taken additional training and have listed and sold many shortsales in the Greater Daytona Beach area. Not only do I assist sellers in selling their shortsale property but I have helped many to purchase a shortsale too!
For Daytona Beach Area Home Sellers
There are options available today if your are currently behind on your mortgage.
Refinance - chances are it might be a difficult time to refinance your home meaning that the loan process has changed and guidelines have become tougher. If you are behind there is a chance you won't be able to qualify. It's important to work with a reputable lender and not somone who offers false hope and promises.
Loan Modification - Banks seem to be taking a very long time to make up their mind in helping homeowners who are trying to obtain a loan modification. Remember while waiting, if you are not making your payments there is a chance the mortgage company is still working towards foreclosing on your home.
Sell your home as a shortsale -Be very careful in who you allow to market your home, its important that the person you hire has experience in selling a shortsale property. Ask questions and get the facts! There is more to selling a shortsale besides marketing, its understanding the process and timelines and having established relationships with banks, lenders and mortgage companies to complete a successful sale.
For Daytona Beach Area Home Buyers
Shortsales require patience, if you need to move in the next month or so I recommend that you look at other homes. Each bank has their own timelines and methods in which they handle a shortsale. Some shortsales have taken as long as a year to close.
Shortsales are generally sold in as-is condition and a home inspection is very important. While some shortsales can be bought today in mint condition others may be falling apart. It's important to consider the cost of repairs when buying a shortsale in Daytona Beach.
Shortsales require additional paperwork and documentation. The language in contracts, addendums might be very different in what is normally customary when buying real estate. Make sure you understand what you are signing and agree too!
Carlos Ring, Exit Realty of Daytona | Shortsale Specialist Carlos Ring | Carlos Ring Sells Daytona Beach Shortsales
As you can see there is a lot involved with buying and selling shortsales. Make sure and hire an expert, contact Carlos today! View shortsales now for sale!
2300 Atlantic Ave Unit: 1902 Daytona Beach, FL 32118
The ultimate in oceanfront luxury living! seldom available, the ?renaissance sky home? penthouse w/10? ceilings** designed prior to construction by the evans group of orlando, award winning architects with interior design by michele mccarthy! ...
Top Features: short sale, for sale, new construction
, Oceanfront
, Oceanview
, Lot SQFT: 4473sqft
, Built in 2003
, Style: Condominium
, Maint Fees: $1,490.00
$679,000.00 ($153.00/sqft)
Daytona Beach Residential For Sale 6 beds, 4 baths, 1 half baths, 4428 living sqft
Price increased $179,001.00 since 11/22/11, NOW $679,000.00 | Bank of America FL Coop Short-SET PRICE!!Quick close!! They said to bring an offer. Now is the time to take advantage of the market and own your own riverfront home. Direct on the Halifax river and over 1 acre lot. Recent renovations include:electric, plumbing, bath ...
Who wouldn't want the ocean right in their backyard? Here is the perfect opportunity to get the world's most famous beach on your doorstep at a fabulous price. Many newer upgrades, new roof, and great location! This home is move in ready - a ...
2855 Atlantic Ave Unit: 401 Daytona Beach, FL 32118
Bank approved price !pre-foreclosure!! vacant- no furniture. best deal on the beach. this unit has all the amenities you would expect from an upscale boutique condo!! the lender is chase and we were just approved for $ 470, 000 as of 10-22-2011.. ...
Price reduced $20,500.00 since 3/5/10, NOW $267,000.00 | Wonderful family home on quiet beachside street. 4 bedroom 3 bath with cathedral ceilings in the gianormous great room offering exposed wood beams and brick fireplace.Kitchen with complete appliance package, cherry cabinets, silestone tops and ...
Short sale!!!bank approved short sale. back on the market and available for quick close. absolutely charming beach home only 1/2 block from the ocean! totally renovated with new electric, plumbing, kitchen, baths, 90% of the windows, title floors ...
944 Peninsula Dr Unit: 501 Daytona Beach, FL 32118
Stunning rivefront penthouse overlooking the intra coastal waterway. magnificent panoramic sunsets and ocean views! two units combined to offer 2300+ living area. granite counters, beautiful tile floors, fireplace, 2 deeded storage areas, super ...
Top Features: short sale, for sale
, Canalfront, Lakefront, Seawall, Intracoastal
, Riverview
, Lot SQFT: 2365sqft
, Built in 1985
, Style: Condominium
, Maint Fees: $715.00
$209,900.00 ($117.00/sqft)
Daytona Beach Residential For Sale 3 beds, 2 baths, 1 half baths, 1800 living sqft
Price reduced $20,000.00 since 7/5/11, NOW $209,900.00 | Nestled between the ocean and the river, this charming 3 bedroom 2 1/2 bath home must be seen to be appreciated. The living room features hardwood floors, coquina fireplace with a marble hearth and 2 sets of french doors to the enclosed front ...
Custom Built home located in Indigo Lakes! Price determined by lender, 3rd party approval required. Vaulted Ceilings, split floor with 3 separate wings. Large, open kitchen boasts granite, white cabinetry, jenn air stove, oversized screened, ...
Top Features: short sale, foreclosure, for sale
, Subdivision: Indigo
, Lot SQFT: 4100sqft
, Built in 1987
, Style: Single Family
, Maint Fees: $250.00
$186,500.00 ($159.00/sqft)
UNIT #307
Daytona Beach Residential For Sale 1 beds, 1 baths, 1170 living sqft
The wall street lofts are located in the heart of magnolia park, a quaint downtown daytona beach district. located on the corner of magnolia avenue and wall street. the lofts are close to boutiques, salons, professional offices and restaurants. ...
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The source of the listing data is as follows:
Daytona Beach Area Association of REALTORS (updated 5/20/12)
Search Ideas: MLS#, # of bed/bath, city, property type, view, frontage, foreclosure, 1031 exchange, short sale, condo name & anything that may be in the descriptions.