Sarasota Foreclosures

Sarasota Foreclosures – Please Do NOT
Walk Away From An “Upside Down” House!

warning Sarasota Foreclosures

Facing foreclosure is horrible! I know…I personally faced foreclosure on 2 investment properties in 2009. You’d better believe I know the sleepless nights.

Foreclosure was not an option!

I had to short sell these 2 properties to avoid foreclosure. Yet, these 2 properties proved to be 2 of the most challenging short sales I ever have negotiated.

Bottom line: I successfully short sold both properties. I’ll never forget how well I slept that night, finally getting rid of 2 very troublesome nightmares.

Now after being involved in 100+ short sales, I know how to help homeowners avoid foreclosure.

However, please note: the only promise and guarantee I make is that I will do my best. No one can promise a successful short sale and clean get-away with no deficiency. No one can (or should) make such promise or guarantee.

What I have discovered in 100+ short sales is HOW to avoid the potholes that cause most short sales to turn into foreclosures. Make no mistake, short sales demand an experienced, proven real estate agent.

On my own 2 short sales, I faced nearly every conceivable challenge causing most short sales to fail – to become foreclosures:

  1. Both properties were investment properties – banks are LESS forgiving of “real estate speculators”
  2. Both properties had two mortgages /property – multiple mortgages mean “negotiating” with EACH debt owner.
  3. Both properties had 2nd mortgages charged off & sold to nasty junk debt buyers – these are the worst of the worst debt collectors.
  4. Both properties faced delinquent HOA fees turned over to attorney – attorneys see unpaid HOA fees as their own personal ATM.
  5. Both properties were held by dreaded Bank of America
  6. Both properties had been trashed by tenants!
  7. I needed full payoff & loan satisfaction for successful short sale – you do NOT want lien release only.

What you need to know upfront is that foreclosure NEVER should be your option – the potential consequences of foreclosure are much worse than (just) bad credit.

Many websites suggest you walk away. They make it sound as simple as moving out & abandoning the house…as if the problem goes away once you leave the house.

Let me be CLEAR on this FACT: In Florida, walking away is HORRIBLE advice!

PLEASE do not walk away.

Get informed on your options and the (dangerous) consequences of a bank foreclosing on you. Believe me when I say the worst that can happen is NOT ugly credit or not being able to buy another house for 7 years.

Please complete the form above or call me now at 941-914-9980 to discuss your situation, options & potential consequences. There is no charge for this discreet consultation.

  1. Please do NOT walk away!
  2. Please do not (let) a house go into foreclosure (especially in Florida)!
  3. Please do not believe all real estate agents possess the proven experience to help you avoid foreclosure.

Below are video testimonials from people I helped avoid foreclosure. Between these 3 couples, I successfully completed short sales on 6 of their combined 8 properties. The two properties I couldn’t short sell involved tenants who held the houses hostage:

John & Mary Klenovic, FLORIDA
*2 of 3 investment properties successfully sold (short sales)

Mike & Sandy Tuell, FLORIDA
*3 of 4 investment properties successfully sold (short sales)

Jim & Margaret M, FLORIDA
*Luxury property successfully sold (short sale)

Please complete the form above or call me now at 941-914-9980 to discuss your situation, options & potential consequences. There is no charge for this discreet consultation.