Short Sale
Buying a Short Sale home from a short sale seller means a lot of paperwork and documentation requested by sellers lender. Different lender - different requirements.
In a Fort Lauderdale short sale home, Seller must disclose to a prospective buyer that they anticipate a short sale situation. Every short sale seller must inform the Real Estate Professional of any and all liens on their property and any changes which may occur in the future.
With almost every Fort Lauderdale short sale, home owner will need to provide to the lender(s) follow documentation:
- Hardship letter explaining why they can no longer make payments
- Authorization letter for Realtor or professional negotiator to speak with lender
- Financial analysis form
- Financial updates and forms
- Tax returns, pay stubs, bank statements
- Other items may be required by your lender
Please note that a short sale process and a contract for purchase submitted for a short sale approval will not automatically stop a foreclosure sale. Many lenders will proceed with the Foreclosure procedure, and time is of the essence in a short sale procedure. A foreclosure sale may be postponed by the lender upon acceptance of a short sale agreement, but a postponement is not automatic. A foreclosure may be reinstated after a postponement without further notice to the seller.
Seller Notes
Seller is hereby notified that Broker is not qualified to provide financial, legal or tax advice regarding a short sale transaction. Therefore, the Seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement.
Not all Sellers will qualify for a short sale approval!
If you stop paying your mortgage, you could lose your home and damage your credit.
Short Sale Buyer
Even though the seller may have accepted your offer for a Fort Lauderdale Short Sale, the contract is not valid until the lender accepts the offer and gives you a written Short Sale Agreement Notice. You may have been waiting for weeks for an
answer and another offer with better terms may be submitted to the seller and lender.
As a buyer you may continue to look at other properties here, in case your offer will not be accepted by a lender and you may cancel this contract for any reason before it is accepted by the lender, including when you find a property you like better.
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Jade Beach Villas Oceanfront Condos Lauderdale Sea FL
Jade Beach Villas Oceanfront Condos Lauderdale Sea FL is located within the zip code area of 33062. Find Condos for Sale at Jade Beach in Lauderdale by the Sea.
WHY DO PEOPLE LIVE HERE?
Jade Beach Villas Oceanfront Condos Lauderdale Sea FL was built as one community in 1965. In the early 1990’s the association split to Jade Beach Villas East (JBE) and Jade Beach Villas West (JBW). Both condo associations are located on vibrant Ocean Boulevard with JBE being on the east side of A1A and JBW on the west side of A1A. Both Jade Beach Villas Communities are small communities within Lauderdale by the Sea and are a rarely find between the many high rise buildings along the Atlantic Ocean.
Jade Beach Villas East is a 45 oceanfront condo community located on the east side of Ocean Blvd and directly on the white beach of the Atlantic Ocean. Jade Beach Villas West is located west of A1A and has deeded Beach Access to the Atlantic Ocean.
WHAT’S THE NEIGHBORHOOD LIKE?
The condos you would expect to find for sale at Jade Beach Villas Community have a square footage range between 803 – 1400 sq ft.
Jade Beach Villas East is 5 story building directly on the ocean with all units having ocean views. You find here 1 bedroom/ 1 bath condo units, 2 bedroom/ 2 bath units, and 3 bedroom/ 2 bathroom units. Many of the condos have had updates in the past.
At Jade Beach West the smallest condo in the community starts with one bedroom/ one bathroom were the larger floor plans have two bedrooms/ two bathrooms. This community is only 3 story with 17 units in total.
Both Condo Associations at Jade Beach Villas have a no Pet policy!
WHAT’S GOING ON NEARBY JADE BEACH VILLAS OCEANFRONT CONDOS LAUDERDALE SEA FL COMMUNITY?
Jade Beach Villas is located in the quaint seaside town of Lauderdale by the Sea. Original located between the towns of Pompano Beach and Lauderdale by the Sea this part has been incorporated in October 2001 into the city of Lauderdale by the Sea.
Lauderdale by the Sea with their small seaside charm offers many big city amenities. You can drive with the cities Free Pelican Hopper to shopping, supermarket, hospitals and to the middle of the town square. Here is always something happening. On weekends you can find music and dance in the town’s square, Sundays offer a fun Green Market, Jarvis Hall happenings for their residence and many other fun events. On evenings, you want to take a stroll down to enjoy dinner at any of the little sea site restaurants in the town square or at Fishing Pier in Lauderdale by the Sea.
There is a major hospital less than 5 miles from the neighborhood as well as just about every kind of conceivable shopping in walking distance. The Sea Ranch Lakes shopping center is just 2 miles away and has everything from a pharmacy to a wonderful local coffee shop.
Find out about everything that is nearby Jade Beach Villas Oceanfront Condos Lauderdale Sea FL including places of worship, banking, shopping, Attractions and recreation and much more on my website.
NOW YOU REALLY WANT TO FIND A HOME IN LAUDERDALE BY THE SEA, RIGHT?
If you are interested in the current condos for sale at Jade Beach Villas Oceanfront Condos Lauderdale Sea FL click on the link. Our ‘for sale’ property information (if any units for sale at this time) is a direct feed from the Greater Fort Lauderdale MLS and is updated multiple times per day.
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Florida Connects considers the South Florida real estate market as a potential "safe haven" for investors due to its historical market resilience and continued demand. However, it is important for all potential real estate buyer, seller and investors to understand that "safe haven" does not imply a guarantee of investment protection or immunity from losses. Real estate markets can be influenced by a variety of factors including economic shifts, changes in tax laws, and natural events which can affect property values and market dynamics. We advise all potential prospects, customer, clients to conduct thorough due diligence and consider obtaining professional advice tailored to your individual financial circumstances before making any real estate buying, selling or investment decision.
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