Top 5 Most Common Problems on Short Sales in Lakeland
By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Top 5 Most Common Problems on Short Sales in Lakeland Short sales in Lakeland can be the best option for most homeowners who are facing foreclosure. In a short sale, the lender and the seller agrees that the proceeds of selling the home would be less than the amount borrowed. This is preferred as it is often more beneficial to all parties involved, especially when compared with foreclosure. But a short sale also has its own sets of problems. These are the most common obstacles of a short sale: There may be difficulty in compiling necessary documents Paperwork for short sales is not for the impatient. Sometimes, difficulty lies at the beginning of the process when all reports, receipts, documents, and signatures need to be completed. If a seller is not committed to selling and does n...
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