Short Sales done the right way in Fort Lauderdale!

    NRG Property Solutions is the right team to  short sale your house in Fort Lauderdale! Our specialty is short sale houses effortlessly, in private, and without any hassles. You want a specialist that can deliver results and is confident in short selling houses. Many agents can say they are specialists, but none will purchase your house and get the process moving faster than we can! It does not matter if your foreclosure process just started or you have an upcoming sale date at the Broward County auction, we can help!

    Short sale price negotiations and the overall short sale process can be exhausting to say the least. With NRG Property Solutions’ expert team of negotiators, you will be assured that the short sale process will be as easy as 1 2 3.

    You can trust the #1 Fort Lauderdale Short Sale Specialist in:  Pompano Beach, Hollywood, Coral Springs, Pembroke Pines, Plantation, Davie, Sunrise, Miramar, Deerfield Beach, Weston, Coconut Creek, Tamarac, Lauderhill, Hallandale Beach, Margate, Oakland Park, Cooper City, Dania Beach, Lauderdale Lakes, Lauderdale-by-the Sea, Wilton Manors, North Lauderdale, Lighthouse Point, Pembroke Park, Southwest Ranches, West Park, and Hillsboro Beach.

    Below you can find out more about what a short sale is and how we can help. We have added a frequently asked questions section at the bottom that we recommend you read. An educated client is the best client!

    What is a Short Sale?

    A short sale happens when you sell your house for less than what is owed to yourlender allowing you to AVOID Foreclosure and Bankruptcy.

    We will short sale your house in Fort Lauderdale “AS-IS” no repairs needed!

    The condition of your home does not matter. We buy short sale houses in good, fair, and bad conditions. We have bought house with a leaky roof and foundation issues.

    Don’t worry about liens or violations. We will take care of that for you and can still buy the house!

    Remember that abandoning the property, will not take away the responsibility if something happens on the property!

    A short sale allows you to repay your loan in full!

    You walk away from the property  and hit the reset button. We pay for your foreclosure debt. If you are looking to eliminate the entire foreclosure debt, short sale is the best option.

    You can get money from the bank for a short sale!

    Once you are approved for your short sale, you can expect to receive Relocation Assistance in the amount between $3,000- $10,000 at closing from the bank! You can use this money to relocate. A check will be written, or a wire transfer sent to you on the day of the short sale.

    How do I know Short Sale is right for me?

    Late on your mortgage payments, loan modification trial payments failed, did a bankruptcy, or have a foreclosure auction date coming up, a short sale is your answer!

    Will a short sale help me?

    Yes. A short sale will help you because it will help you Avoid Foreclosure! You will not be responsible for the mortgage debt when the short sale is complete. Your credit report will show as an account PAID IN FULL!

    Credit history:  You are now eligible for financing within 2 years of a short sale. In a foreclosure the minimum wait time is 7 years! Your credit score  drops 80-90 points with a short sale. A foreclosure can drop your credit score as much as 300 points. There are new loans that will allow you to buy a new house within 1 day of a short sale!

    You may be asking “Where will I move?” or “How do I move in somewhere new without any money?” We try to help every homeowner by submitting your hardship and paperwork to the lender’s foreclosure relief programs. The lender has foreclosure relief programs for distressed homeowners to sell their homes (through short sale) to avoid foreclosure, even if the sales price is not enough to pay off their existing mortgage loans. You may receive relocation assistance ranging from $3000 to $10,000! Not all lenders participate but we do everything we can to get you money.

    Short Sale Deficiency Waiver: A deficiency is the difference between the approved short sale selling price and the total mortgage debt amount due. For example, you owe $200,000 and your short sale approval came in at $150,000. The difference between the $200,000 owed and the $150,000 approval price is $50,000. We get the bank waive their right to collect on the $50,000 and you walk away, not owing anything, and hitting the rest button. We will fight for you during a short sale. So much so that we get the lenders to waive their rights to a deficiency judgment. We have a 100% success rate for our clients. All of them have received a waiver of deficiency.

    Why do I Need a Fort Lauderdale Short Sales Expert?

    We have been helping homeowners overcome FORECLOSURES since 2014. Out of all the families we have helped, 100% have owed NOTHING after a short sale! We will buy any house for cash that are in any condition and any situation. Let Us Help! We can help you with any real estate related problem. Come work with Fort Lauderdale’s #1 SHORT SALE SPECIALISTS!

    Having an experienced Fort Lauderdale short sale specialist is a key factor when facing a foreclosure. Short sale isn’t always the answer, but it counts to have a team that is knowledgeable and experienced.

    One of the reasons it is important to have a good short sale specialist work on your short sale is because The Clock is ticking in a foreclosure action. Real estate agents work based off of commission. The higher the offer price, the higher their commission will be. This type of realtor will waste precious days, weeks, and even months waiting for a juicy offer. Unfortunately, that strategy will fail because the lender will likely negotiate to a higher price than what was initially offered. This wastes valuable time especially when facing a foreclosure sale date! We do not work for commissions! We work with you  the homeowner to buy your house cash as fast as possible so there is no time wasted. Inexperienced realtor will just waste your time waiting for the perfect offer to come in. As soon as you give the OK, we start the simple process!

    Another reason an experienced short sale specialist is important is understanding the process. An experienced Fort Lauderdale short sale specialist, such as ourselves, understand the process of foreclosure 100%. We have been doing this since 2014 and have helped several families! We know when and what needs to be done and where. Having an inexperienced non-foreclosure professional missing key steps in your short sale can cost you big in the future. A good example is missing the deficiency waiver and the lender coming back to you a few years down the road and garnishing your wages or taking your rental deposit (it happens all the time!)

    You’ll be engaged in the entire process. We carefully review all your documents for accuracy. We understand all the applicaple laws that are being passed (or not) on foreclosure all the way from the local County level all the way to Washington D.C. (national level). We present every option to the homeowner in order to help them make the right  decision.

    If you’re choosing to do a short sale in Fort Lauderdale, there is nowhere else to look. You are reading about the truly #1 Fort Lauderdale Short Sale Specialist Team in South Florida. There is no situation we can’t work with because we are confident that we can complete your short sale quickly and on a level of professionalism not yet witnessed in Fort Lauderdale. We may even get you up to $10,000 from the lender’s relocation program!

    Frequently Asked Questions about Fort Lauderdale Short Sales

    A “Short Sale” or “negotiated settlement” or “short pay” occurs when a Lender agrees to accept less than the amount owed to the original loan as an alternative to foreclosure. If the property is worth less than the amount owed on the loan, then even if the Lender forecloses and takes back the property, they know they are going to take a loss. We can often convince a Lender that they will “do better” if they take less than what is owed now rather than taking the property back by foreclosure and trying to sell it later.

    The Short Sale negotiation process takes 3 to 6 months to get approved. Many Lenders have several layers of bureaucracy, insurers, and investors that we will have to maneuver through in order to get a Short Sale approved, so it is important to be patient during this Short Sale process.

    It is critical you call us as the clock is ticking in a foreclosure. Doing a Short Sale will not automatically stop a foreclosure. However, many times we can convince a Lender to stop the foreclosure to let us attempt to negotiate the Short Sale. Other times, we can use our lawyers to postpone your foreclosure at no cost to you. So, while there are no guarantees, it does not hurt to try.

    The purpose of a Short Sale is to get the property sold. Most times, the lender will ask you to sign a disclosure under the penalty of perjury that states you cannot live in the house after a short sale has been processed, and that the sale is an “arm’s length” transaction. If this agreement is broken by the homeowner, the foreclosure process and mortgage debt will be reinstated and you can face criminal charges. This is not a program that can stop a foreclosure and allow you to stay in the house indefinitely. You should make plans to relocate as a short sale is being processed.

    In many cases, the homeowner received money for relocation from the lender’s relocation program. You must qualify for this assistance and it is not 100% guaranteed.

    The Lender will require a review of a financial package that usually includes: last two months’ bank statements, two months’ pay stubs, two years’ IRS tax returns and other information. The leading cause of delay and even denial of our offer to the Lender is caused by the Seller failing to call us in a timely manner.

    To help us succeed, please find as much of this information as you can right now – this will help us work faster and increase our success. Call us at 954-466-9311.