Tom Teece Revolutionizes Real Estate Marketing
Channel 3 News Online Video

GOOD EXAMPLE OF BAD INFORMATION ABOUT SHORT SALES

Older video regarding time constraints of buying a short sale property. Was this lady mislead? Our local MLS rule book says, "You must make the following disclosure in the FIRST Line of the Property Information box of the Listing: "THIS IS A SHORT SALE SUBJECT TO LENDER'S APPROVAL, WHICH MAY RESULT IN DELAYS." This is so all parties involved with the listing are made aware that this is a short sale."

Florida also requires a Short Sale Addendum to the Buyer's FAR-BAR As-Is Contract. It requires the Buyer to acknowledge understanding that the lender(s) are not a party to the real estate purchase and sale transaction, and therefore not obligated to approve the contract between the Seller and Buyer. The real estate expert interviewed concentrates his efforts on selling foreclosed, bank-owned properties and should not be considered a realiable source of information on pre-foreclosure short sales. I've spent the past 2 years working exclusively with pre-foreclosures. The # 1 reason so many short sales fail is the way the real estate agents handle the buyer's offers. Call us today to find out the 2 things you MUST ask an agent before signing a short sale listing or making an offer on a short sale. 239-243-0630