Hillsborough County Short Sale Inventory
The short sale inventory has decreased by ten folds in the last year. I can remember a few years back the market was saturated with short sales inventory. As of today, they are 430 properties in Hillsborough County for sale as a short sale. This does not mean that home owners are not delinquent on their mortgages, unfortunately they are 000s of home owners delinquent on paying their mortgage but they have not listed their home with an agent.
A short sale is a sale of real estate in which the the sale of the property will is less then the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens' full amounts and where the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. Any unpaid balance owed to the creditors is known as a deficiency.
As a short sale specialist, I have listed and mitigated dozens of short sale in the last few years.
Please feel free to call or email with questions or concerns.
Thank you,
Ainsley Daux
Florida Realty
(813) 546-1954
Dover Florida Real Estate
Tampa Bay Real Estate
Tampa Bay Short Sale
Brandon, Florida Real Estate
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