Broward County Florida Luxury Short Sales and Luxury Short Sales Sold – Starting at $600,000.

There are currently (as of this report Feb 25, 2010) 171 Luxury Short Sale Homes for Sale in Broward County. These Luxury Short Sale homes for Sale Range in price from $600,000 to $6,800,000.

The Broward Short Sale home listed at $6,800,000 is located in Hollywood Lakes and is over 13,000 square feet under air. Email me for more information on this Luxury Hollywood Lakes Short sale for sale.

Other Broward County Communities with Short Sales for Sale Include:

• Windmill Ranch Estates Short Sales
• Windmill Lake Estates Short Sales
• Sunshine Ranches Short Sales
• Long Lake Ranches Short Sales
• Windmill Reserve/Shores Short Sales
• Coral Isles Short Sales
• Hillsboro Shores Short Sales
• Parkland Golf & Country Club Short Sales
• Pine Tree Estates Short Sales
• Golden Isles Short Sales
• Heron Bay Short Sales

There are currently 72 Short Sales pending sale in Broward County listed at or above $600,000.

12 Short Sales have sold in Broward County in the past 30 days listed at or above $600,000.

Broward County Communities with Short Sales Sold in the past 30 days include:

• Seven Isles
• Las Olas Isles
• Parkland Golf & Country Club/Gables
• Parkland Estates
• The Falls
• The Landings
• Cypress Head
• Paradise Pines

Parkland Estates Short Sale Home Sold:

List Price: $734,000
Sale Price: $660,000
Days on Market before contract: 54
Date Went Under Contract: 11/21/09
Date Closed Sale: 02/12/10

This Short Sale took less than 3 months to close. This is not typical but is becoming more common now as banks are streamlining their short sale processes.

If you are considering placing your Broward County home on the market as a Short Sale, Hire a CDPE (Certified Distressed Property Expert). Visit here for more information about the Short Sale Process, Homeowner Benefits for a short sale, Preventing Foreclosure and more Broward County Short Sale information.

If you are looking to purchase a short sale, contact Tiffany at 954-257-5030 or email me today for your free list with pictures of Broward County Luxury Short Sales for Sale.

Related Posts of Interest:

• Davie Short Sales for Sale
• Broward County Short Sales for Sale
• Deed in Lieu vs. Short Sale

To sell your Broward County home as a Short Sale, Contact Tiffany today at 954-257-5030.  As a Certified Distressed Property Expert, I am here to help you through this most difficult time.

Broward County Short Sales – Davie Short Sales for Sale

In Broward County Floridathere are 2,651 Short Sale Homes for Sale, of these Broward County Short Sales only 68 are Short Sales for Sale in Davie.

In the past 3 months 20 Davie Short Sales have been sold.

Keep in mind that Short Sales take a much longer time to close than a regular Real Estate transaction or a Foreclosure and as a buyer you must be prepared to go the long haul if you really want the house that you made an offer on.

Until HAFA guidelines are put into place this will be the norm.
           
Click here to view all available  Davie Short Sales for Sale.

For additional Short Sale information Contact Tiffany today at 954-257-5030.

If you are considering placing your Davie Home on the market for sale as a Short Sale, Call me to see how I can help.

As a CDPE – Certified Distressed Property Expert, I am trained to help you explore your options to Avoid Foreclosure.

Did you know that lenders want you to AVOID Foreclosure? Yes they do!

So Which Option is the Best one for you as a Homeowner in South Florida?

 

Weston Luxury Homes for Sale – $500,000 and above. January 4 Market Report.

There are currently 158 Weston homes for sale at or above $500,000 that are listed with a Realtor®. These homes for sale in Weston range in price from $500,000 to $13,500,000.

 27 Weston Homes have sold in the last 60 days that were listed for sale at or above $500,000.

These Weston communities with homes for sale at or above $500K are:

Windmill Ranch Estates
Windmill Reserve
Windmill Lake Estates
Weston Hills Country Club
Isles at Weston
Savanna
The Ridges
The Landings

None of these homes for sale in Weston are listed as a Foreclosure.
There are 34 Short Sales for sale in Weston at or above $500,000.

View Weston Homes for Sale below.

Click here to View the Short Sales for Sale in Weston listed at or above $500,000.

Click here to View all Active Homes for Sale in Weston at or above $500,000.

If you are considering placing your Weston home on the market for sale - call Tiffany today at 954-257-5030 to set up a no-obligation consultation or Visit my website for more information at www.TiffanyLYoung.com.

Previous Related Weston Posts:

• Weston Market Report - Dec 09
• Weston Market Report – Nov 09

You can’t afford your South Florida Home….Should You let it Foreclose? Simply, the answer is NO!

What’s the Difference between a Short Sale and Foreclosure? Are there any other options?

This is the burning question that many homeowners in South Florida are asking.

Should I just let my home foreclose or is there something that I can do to stop it.  Well there is. 

What is a Deed-In-Lieu of Foreclosure?

This is also known as a friendly foreclosure because the homeowner gives the deed back to the bank.  This prevents the bank from going through the long foreclosure process.  This is something that has to be negotiated with the bank. Normally, servicers require a borrower to make an effort to sell the home through a short sale before they agree to accept a Deed-In-Lieu (DIL).  Deficiency judgment is not pursued. This is normally used in the case of one mortgage and no liens on the property.

I want to keep my home.

“But what if I want to stay in my home”? You ask….. “I’ve tried to get a Loan Modification and the bank keeps turning me down”.  Well, a short sale is not your only choice.

Read the rest of this article here….

New Hope for South Florida Homeowners!

The Treasury Department announced on November 30th the new housing guidelines that will affect America’s homeowners.  This program is officially called the Home Affordable Foreclosure Alternatives Program (HAFA).  HAFA applies to loans not owned or guaranteed by Fannie Mae or Freddie Mac – both whom will be issuing their own HAFA versions within the next month. This is a part of the Home Affordable Modification Program (HAMP).

HAFA’s goal is to simplify and streamline the use of short sales and DIL (Deeds In Lieu) options by adding a few rules (43 pages of guidelines).

Foreclosure Alternatives

• Requires that borrowers be fully released from future liability for the debt (NO DEFICIENCY JUDGMENT)
• Allows the borrower to receive pre-approved short sale terms prior to the property being listed
• Provides financial incentives to borrowers ($1,500 for borrower relocation assistance), servicers ($1,000 to cover administrative and processing costs), and investors (up to $1,000)
• Provides alternatives for borrowers who are HAMP eligible
• Utilizes borrower financial and hardship information collected along with HAMP
• Prohibits servicers from requiring a reduction in the real estate commission agreed upon in the listing agreement.

Timeline

Effective April 5, 2010, however participating servicers may elect to implement HAFA prior to that date as long as certain guidelines and an agreement is signed by December 31, 2009.

Borrowers must be considered by servicers that are HAMP eligible within 30 days that the borrower requests a short sale or DIL.

Borrowers Must be considered for a HAMP modification and other retention programs offered by the servicer (lender) prior to being considered for HAFA.

Read the full short sale guidelines  

Contact Tiffany at tiffany@tiffanylyoung.com or call me at 954-257-5030 if you want more information about avoiding foreclosure on your South Florida Home.