NEED TO SELL AND OWE TOO MUCH?

OPTIONS YOU HAVE WHEN YOU MUST SELL AND YOU OWE MORE THAN THE PROPERTY IS WORTH.

BRING MONEY to the closing to make up the difference – By far the best and quickest way to go if you can manage it, and worth the money. If you have the money, the bank will know, because you have to send them your bank statements, and after waiting months on a short sale, you may still need to pay the bank some or all of the difference. A normal sale will produce a higher selling price and a quicker sale saving you time and money.
OUTCOME: No future tax, credit, or legal problems.

SHORT SALE – Make sure your Realtor is successful in this area, has SFR and CDPE designations and has testimonials and referrals. Talk to your CPA about tax issues. OUTCOME: Possible future tax and legal issues, and/or wage garnishment if not handled properly. You could still unknowingly owe the difference if not handled properly. Or, if handled properly, NO tax issues, legal issues, credit issues, or wage garnishment. The experience of the Realtor handling the short sale is the critical key. See Testimonial on www.DeeSmith.com

FORECLOSURE – Stop paying your mortgage, and do nothing.
OUTCOME: Surety of future legal issues, tax issues, credit issues, and/or wage garnishment.

DEED IN LIEU OF FROCLOSURE – you must negotiate your own satlisfaction of mortgage. OUTCOME: Possible legal issues, tax issues, credit issues and/or wage garnishment.

BANKRUPTCY – speak with a bankruptcy attorney. Every bankruptcy is different. This takes a long time.
OUTCOME: still may have some long term tax, credit, legal issues and/or wage garnishment. Ask bankruptcy attorney about future issues and get the answers in writing so you can remember what was said. Or take notes. Bankruptcy goes on for years and affects every aspect of your life. This should be your last resort.

IF YOU CHOOSE SHORT SALE - BE SURE YOU HAVE AN EXPERIENCED, SUCCESSFUL SHORT SALE SPECIALIST WITH CDPE AND SFR DESIGNATIONS, AND CAN SUPPLY REFERRALS & TESTIMONIALS.

For more information go to http://www.DeeSmith.com, email deesmith@deesmith.com or text 813-714-9737

SHORT SALES IN WESLEY CHAPEL/LAND O LAKES

WHY WESLEY CHAPEL AND LAND O LAKES AREA? Many homes have been built in Wesley Chapel, Land o’ Lakes since 2005, so we have a lot of short sale opportunities to buy a newer home at a huge discount. We have starter homes, retirement homes & large luxury homes in gated communities. We are fortunate enough to have the best A-rated schools here with all the extra-curricular programs and activities for our extraordinary students. Sports is a big deal in Pasco County so we have some of the best sports parks in the state with both recreational as well as competitive sports for all ages. We have new Hospitals, and the best health care, Churches, Restaurants, Movies, and many shopping centers including the Wiregrass Towne Center in Wesley Chapel. There are so many attractions only a few miles away, lots of golf courses and plenty to do. Pasco County is known for their lower taxes than Tampa, and lower insurance rates for your home and car. The Wesley Chapel & Land o Lakes area is the best place to live in the Tampa Bay Area! CONTACT DEE: deesmith@deesmith.com text 813-714-9737 http://www.DeeSmith.com