Beth Palacio LLC
Broker Associate w/Premier Brokers International
725 N Hwy A1A, Suite E-206
Jupiter, FL 33477
Mobile: 561-316-0875 Fax: 561-348-2362 Email Beth

Solving the Foreclosure Crisis One Homeowner at a Time

Jupiter FL Home Sales and Rentals

I am a Certified Distressed Property Expert® and have been trained specifically to understand the complex issues confronting the real estate industry, and the foreclosure avoidance options available to homeowners. Through comprehensive training, I am able to provide solutions for homeowners facing hardships in today’s market, specifically short sales.

"CDPE" Certified Distressed Property Expert

Your Short Sale, REO & Foreclosure Professional

"Solving the Foreclosure Crisis One Homeowner at a Time"

Free Short Sale & Foreclosure List Of Homes For Sale
Call me Today (772) 224-9735

What is a Short Sale?

A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved.

But to be technical, here's a more official definition:

  • A homeowner is 'short' when the amount owed on his/her property is higher than current market value.

  • A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.

For homeowners to qualify for a short sale, they must fall into any or all of the following circumstances:

  • Financial Hardship – There is a situation causing you to have trouble affording your mortgage.

  • Monthly Income Shortfall – In other words: "You have more month than money." A lender will want to see that you cannot afford, or soon will not be able to afford your mortgage.

  • Insolvency – The lender will want to see that you do not have significant liquid assets that would allow you to pay down your mortgage.

If you have questions or feel you may qualify for a short sale, please contact me for a free consultation.

Understanding your options now could mean all the difference in the world.

View my Website for More Information.