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.
READ MORE HERE
Monthly Guide Lauderdale By The Sea Local Events June 2018
We love our cities event and provide a Monthly Guide Lauderdale By The Sea Local Events June 2018. Here we are in June and it is already pretty hot and humid. The temperatures easily start at 80 degrees Fahrenheit and climbing easily during the day. So let's see if we find something to cool down.
In June we are down to the locals and most snowbirds are gone. This time of the year many vacationers coming in that are looking for things to do in Lauderdale by the Sea. You have come to the right place if you are looking for something fun, healthy, educational or entertaining to do in Lauderdale by the Sea.
Our monthly Guide gives you a lot of information on our town happenings. If you're looking for something to do in our small town you find a huge variety of unique and fun activities for old and young, small and big and here we share our favorite events we know of to share with you.
And just in case you're looking for a few houses and condos to check out, we also provide a list of open houses for our town and surrounding areas. Check out our Monthly Guide To Lauderdale By The Sea Local Happenings May 2018 because you don't want to miss any of these.
Monthly Guide Lauderdale By The Sea Local Events June 2018
1. Fathers day
When: June 17th
This is dads and all man's day to get spoiled. Don't forget your special man on this day!
LAUDERDALE BY THE SEA COMMUNITY CENTER
2. Lauderdale by the Sea Community Center
When: June 1th and June 29th at varies times
Where: Lauderdale by the Sea Community Center
4501 N. Ocean Dr., Lauderdale by the Sea, FL 33308
Are variety of fun things to do and learn about. Such as learning about the use of technical devices, Art and Craft Workshop, videos, ballroom dancing etc. Come, check out the event calendar!
Fort Lauderdale Beach Hub[/caption]
3. Fort Lauderdale Beach Hub
When: Every Friday Night between 6pm-9pm
Where: 300 S. Ft. Lauderdale Beach Blvd. (Las Olas/ A1A)
As the Lauderdale by the Sea Friday night music has stopped over the summer this is a great alternative to definitely check out. Friday Night Sound Waves has live music and is free to the public.
4. Fort Lauderdale Beach Yoga
When: every Tuesday, Wednesday, Saturday and Sunday
from 9am-10am if weather permits
Where: 837 N. Fort Lauderdale Beach Blvd, Fort Lauderdale
(Sunrise/ A1A)
If you are missing Lauderdale by the Sea Yoga sessions over the summer this in Fort Lauderdale Beach is for you. Great about this you have several days to choose from.
5. Music UNDER the Stars
When: June 08 (every second Friday of the month)
Where: A1A and Atlantic Blvd
Pompano Beach FL 33062
Enjoy good live music and drinks. Great and entertaining to meet family and friends for a fun evening.
6. Pompano Pier Food Truck Round-Up
When: June 15th from 6pm-10pm
Where: Pompano Beach Blvd/ Atlantic Blvd. (near A1A parking garage)
Pompano Beach, FL 33062
Come to join the fun with food from food trucks, music, and fun for the whole family.
7. Open Houses
Not only do we provide you with a Monthly Guide Lauderdale By The Sea Local Events June 2018 but also open houses you may want to visit. If you are flirting with the idea of buying or selling a home this is a good start. An open house is a good opportunity to get familiar with the community when starting to buy or sell a home in Lauderdale by the Sea.
Monthly Guide Lauderdale By The Sea Local Events June 2018
brought to you by Annett T. Block and Lauderdale by the Sea Community
June 01, 2018
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