Each area of the country has its own real estate DNA or genetic make-up, so to speak.  It can vary from state to state, county to county, city to city, community to community, and even where condominiums are concerned, from building to building. National statistics may not reflect local real estate patterns.  Therefore, it is very important for you to become familiar with the specific market area that interests you.

Condo Foreclosures and Short Sales |  Ft. Lauderdale, Florida

   (  Please contact me directly to receive listings on all of the up-to-the-minute Short Sales and Foreclosures for condominiums and single family homes in Broward County, Fort Lauderdale, Florida. )

     The condominium market in Fort Lauderdale has a number of units that are in the short sale or foreclosure status.

     What is a short sale?  This is a situation where the property owner cannot make the mortgage payments (for many reasons) .  The property has been on the market for an extended period and does not sell.  After a number of months the mortgage company possibly allows the owner to sell the condo for less than the balance owing on the mortgage.  This is called a short sale.

     There is, of course, a downside where the condo owner is concerned.  The owner walks away from the closing with no money.  In addition, the owner may be required to sign a note to pay the difference in the short sale amount. (The difference between the final sales price and the loan balance plus expenses, taxes etc.)  Also the credit rating of the owner will suffer with point reduction.

     If you are an owner who may have to consider a short sale, or if you are a buyer interested in a short sale purchase, both situations can be serviced with  the assistance of a Realtor. It is very important to choose a Realtor who is well versed in the short sale and foreclosure process.

     My goal is to provide you with comprehensive knowledge of the real estate market in Fort Lauderdale, Florida and surrounding communities.

     When searching for oceanfront, luxury condominiums or single family, intracoastal homes to purchase or lease you have come to the right place.

     In today's media coverage real estate market it is very important for the Buyer and Seller to have an informational source that specifically addresses their real estate needs.

     My thirty eight plus years in the real estate industry has taught me that Buyers and Sellers need all of the available knowledge of the current market for their specific area of interest.  And with that knowledge they can make an informed decision.

     In addition, my years in the industry have allowed me to develop negotiating skills that we can use to our advantage as we go through this process together.

     I invite you to contact me for consultation.

     Thank you in advance for giving me the opportunity to assist.