Welcome!
- Florida Gulf Coast Real Estate
- Houses & Condos for sale
on or near the beach
- Waterfront homes
- Homes on the Gulf of Mexico
- Homes on the Intracoastal waterway.
We Have It All! Since the recession is nearing it's end, prices are the lowest they have been in years! If you are looking for a Florida beach property - you've come to the right place. Let me show you the advantages of buying OR selling now
Some changes have been approved to the $8000 first- time home buyer tax credit. The credit, created earlier this year as part of the economic recovery stimulus package, has had a visible impact on the housing markets.
As a result, the extended first-time home buyer tax credit now requires that a home be under contract by April 30, 2010, and close by June 30, 2010.
HOW DOES IT WORK?
ANYONE WHO HAS NOT OWNED A PRIMARY HOME IN THE PAST 3 YEARS CAN QUALIFY TO BE A 1ST TIME HOMEOWNER
I am a specialist in Madeira Beach Real Estate, Redington Beach Real Estate - Also North Redington Beach Real Estate, Redington Shores, Clearwater, St Petersburg, Treasure Island, Indian Rocks, Madeira Beach Homes and Properties, Madeira Beach Realtor & Agents. I serve as a Realtor all of Pinellas County and North Redington Beach, Redington Shores, Clearwater, St Petersburg, Treasure Island and Indian Rocks.
I can assist you with real estate sales - as an exclusive buyers agent - with multiple listing service (MLS) to find condos, townhouses and help with 1031 tax exchanges, prequalification, mortgage loans, investment homes and properties. I am a relocation specialist dealing in residential real estate, houses, pre-foreclosure homes, Florida short sales, fine homes, multi-million dollar estate homes, multi-million dollar estates, foreclosures, REO, repos, bank repo, fixer uppers, & distressed propertyies for sale I am a Buyer's Agent for buyers who want to buy condominiums, townhomes, single family residences, duplexes, split levels, ranch style homes, single story homes and two story homes, with RV access, pool homes with golf course, ocean and city lights views and nice neighborhoods
Our Mission Statement
Raise the standards of real estate service to lead our industry and serve our community with a commitment to integrity and excellence.
Commitment to Our Clients
To provide the highest level of 'PLUS ONE´ service through teamwork, systems and technology.
To recommend and work with an elite group of preferred partners to ensure ratified contract to settlement
WHAT IS A REAL ESTATE "SHORT SALE" AND HOW CAN IT BENEFIT ME?
More money in your pocket!
No doubt about it, we all want to save money. Whether you are looking for a bargain on a pre-foreclosure house or ...if you are a homeowner facing foreclosure - this site is for you.
Don't be misled.....Not just any real estate agent can do for you what a short sale professional can. A short sale professional has received specialized training in negotiating with mortgage companies and banks. In today's economy it only makes sense to take the path that will benefit you the most. That means, as a seller, not having your credit ruined by a foreclosure. It also means, as a buyer, not paying more than you need to for a property you've always dreamed of having. Call Jan now and see how she can help you. 1.727.418.1861
Since available properties, interest rates, and situations are constantly
changing....bookmark this site now. You will want to check it often.
WHAT ARE BANK OWNED PROPERTIES?
With a bank owned property, there's no waiting. Unlike a short sale, the bank has already repossessed the home and is ready to sell! As a buyer, you can close within 30 days!
REO properties are great for first time homebuyers. If you haven't owned a home in the last three years, you can get an $8,000 tax credit if you close before December 1 of this year. That's $8,000 in your pocket! And, if you qualify for an FHA loan, your down payment is only 3.5%. This is your best opportunity to get into a home instead of paying rent!"
Facing Foreclosure? Need to do a SHORT SALE?
I can help
The Pinellas County, St. Petersburg, Clearwater, Palm Harbor or any other city in Pinellas County Short Sale Solution:
I understand that this is a sensitive time for you and I am compassionate to your needs and will try to make this process as easy and painless as possible from this point forward. I am Trustworthy, ethical professional..
When a lender or mortgage holder agrees to do a short sale, it means the lender or mortgage holder is accepting less than what is owed on the mortgage.
A short sale means the seller's lender is accepting a discounted payoff to release an existing mortgage instead of foreclosing.
Sell Your Home in the St. Petersburg, Clearwater, Palm Harbor or any other city. Avoid Foreclosure on Your Home or Condominium with a Short Sale.
. What is a real estate short sale?
A real estate short sale is a form of agreement between the seller of a home in the beginning stages of foreclosure and their lender, allowing the home to be sold for less than the existing loan balance outstanding. The mortgagee would accept less than the loan amount in order to avoid a foreclosure proceeding. This short sale would result in a substantially discounted purchase price for the buyer of the home. The buyer would then proceed with the purchase of the home much the same as in any conventional realty transaction.
2. Why would a lender allow a short sale to occur?
Quite simply, it may benefit all the parties involved in the transaction. The seller is relieved of the home they cannot afford. A costly foreclosure proceeding by the lender is avoided and the buyer purchases the home at an attractive
3. How late in the pre-foreclosure process can you start a short sale?
Depending on individual state law and regulations, a foreclosure can proceed as quickly as 35 days from the date the notice to the borrower is filed. For that reason, time is of the essence and you should allow a window of no more than 60 days to effectuate a lender approved short sale.
4. What documents are necessary to proceed with a short sale?
The individual documents necessary to proceed with the short sale will depend on the lender. Typically the lender will require hardship letter detailing the circumstances behind the short sale. A signed, valid purchase and sales contract, preliminary HUD-1 settlement statement and a preliminary estimate of proceeds to the lender. There may be additional requests for more detailed information on the financial condition of the seller, ie; pay check stubs, bank statements, a personal financial statement and monthly budget assessment, amongst other things.
5. Will a lender allow a real estate short sale when the seller has some a good amount of equity?
If the home has some considerable amount of equity, the lender may choose to continue with a traditional foreclosure proceeding to regain title to the property and dispose of it at a market price. Given the current state of affairs with the real estate market, the home will most likely be over encumbered, hence the reason for the short sale in the first place. A glut of homes for sale in the market area of the home may make the lender think twice about taking title to the property.
6. Will a lender allow the seller to make a profit on a short sale?
By the nature of the transaction, the seller is not going to make a profit on the short sale. They may have extracted equity from a previous refinance of the home, but their current loan balance will be higher than the selling price of the home.
7. Will the seller’s credit rating be affected if they allow a short sale on their property to occur?
While it is up to the individual lender to decide what to report, what often happens is the loan will report as "paid" on their credit report. While that good news the bad news is that there will likely be a reference that says "settled for less than originally owed" or something similar. It is certainly more advantageous to have the short sale referenced than to have a foreclosure on their credit report.
8. Are there tax implications in the short of real estate.?
Much like the issue of credit reporting, the circumstances are individual to the lender. As a short sale represents a loss for the lender, they can report the amount lost a debt forgiveness to the seller. If a formal tax form 1099 is filed, the seller may be responsible for paying taxes on the amount of debt forgiveness.
9. If a seller is in bankruptcy, will that affect the short sale of the property?
Absolutely, as most lender would not consider a short sale if the homeowner is in the middle of a bankruptcy proceeding. Negotiating a short sale between the parties is considered a collection activity and such a negotiation is prohibited in bankruptcy.
10. Will the bank or lender require an appraisal on the home in a short sale?
Most lenders will require that a full appraisal be submitted in the short sale package. Some may only require a BPO or brokers price opinion. The lender will need some formal assessment of the value of the home in order to make a decision as to accept or reject the short sale offer.
Madiera Beach Clearwater Beach Florida Short Sale Realtor - What is a real estate short sale?,
WHAT ARE BANK OWNED PROPERTIES?
madeira beach homes
madeira beach condo
madeira beach condos
madeira beach condominiums
madeira beach condominium
madeira beach villa
madeira beach property
madeira beach for sale
clearwater beach condos
clearwater beach condo
clearwater beach homes for sale
clearwater beach homes
clearwater beach houses
clearwater beach house
homes in clearwater beach
clearwater beach home
homes on clearwater beach
homes for sale in clearwater beach
clearwater condos
clearwater beach condos for sale
clearwater beach for sale
clearwater luxury homes
clearwater for sale
clearwater condo
clearwater house
gulf coast beach homes
clearwater beach beach house
clearwater beach waterfront
clearwater waterfront homes
Jan Adams-Wilson
Madiera Beach Clearwater Beach
Florida Short Sale Realtor
Questions? Call Jan 1.727.418.1861
Jan's many years experience in sales, management, marketing and advertising prepared her to be a real estate broker associate and short sale specialist. She has in-depth knowledge of the island market allowing her to successfully list and sell beach properties. Jan has owned several businesses and managed a number of others. Combining Jan's background of sales and her attention to customer service, she truly wants to help all of her customers "live the Florida dream."
