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Everyone offers free school reports. Me too! Plus I offer more. As a top Clearwater, Tampa and ST. Petersburg real estate agent, I can tell you things about the schools that no report generated by a computer will ever know. Remember, I consult with people moving to the Clearwater, Tampa and ST. Petersburg, Florida area on a daily basis. It's my job to know, and my job to tell you. 

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Real Estate Tips
Short Sales >2. How to Request a Short Sale

If you are facing foreclosure and are considering selling your home as a short sale as an out, get in touch with a trusted real estate professional immediately. They will be able to assist you in the process of requesting to short sell your home.

  1. Your real estate agent will most likely tell you that some banks will not allow a short sale to happen. Contact your lender’s loss mitigation department and speak with a supervisor. Explain your financial situation and ask if you qualify to sell your home as a short sale.
  2. Ask the supervisor what documents you’ll need to proceed and make copies of those. (Depending on the lender this could be anything from bank statements, tax forms, pay stubs, etc.)
  3. Ask your real estate agent to come up with a comparative market analysis report to show your lender how much the home is worth based on home sales in the area.
  4. Write a letter of financial hardship detailing the reasons you are no longer able to make payments on your home.
  5. When you’ve completed all the aforementioned necessary paperwork, compile it together and mail it to your lender’s loss mitigation department.
  6. Pending your short sale application approval, request a deficiency release from the bank. The release absolves you of any obligation to pay the balance on the mortgage. If the bank refuses, continue to press the issue.

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Real Estate Trivia
Q 
Exactly how many islands are included in the group called the 1000 Islands?

A 
There are actually 1,864 islands in the 80-mile stretch in the St. Lawrence River, between Ontario, Canada and New York State.
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The Hayslett Team, REALTOR®, real estate agent and broker for Clearwater, Tampa and St. Petersburg, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Kenny Hayslett
RE/MAX Realtec Group

4175 Woodlands Parkway
Palm Harbor, Florida, 34685
Phone: 727-443-6700
Fax: 727-443-6755
Email: kenny@hayslett.biz

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