Today, in our economic environment, many homeowners in Sarasota, Florida are facing foreclosure. As a result, completing a Short Sale could be the right solution for many owners trying to avoid foreclosure or bankruptcy. What is the process of a Short Sale in Sarasota, Florida? First, let'
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09/20/2010
In July of 2009, The Troy Funk Team opened their Mega-Agent Office with Keller Williams Realty at 665 S. Orange Avenue, in Sarasota, Florida. Prior to being a real estate office, the space had been used as a Downtown Sarasota Art Gallery, which inspired Troy to brand his new office as the www.
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09/19/2010
Facing Foreclosure? You are not alone. In our area (Sarasota, Florida) approximately 1 in every 7 homeowners is in default on the mortgage. This is not surprising, as property values in our area have declined approximately 50% over the past few years making it difficult for a homeowner who w
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09/18/2010
In most Short Sales, a seller is required to: 1. List their property with a licensed Real Estate Broker. 2. Provide their financial information, which includes tax returns, bank statement, copies of pay stubs and other personal information to the Real Estate Broker they select. Question? ..
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09/17/2010
Many homeowners owe more money on the mortgage than their property is worth, due to the devaluation of real estate prices over the past few years. As a result, the term "Strategic Default" has become a topic of interest to many homeowners who are faced with the dilemma of owing more money on
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09/16/2010
We are in a crisis right now with an estimated 1 in 7 homeowners in the Sarasota, FL area in default with their mortgage. What caused this problem and what is the answer to solving it? In my opinion, it gets down to the simple equation of what determines value (Supply vs. Demand). As most
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09/15/2010
As a Short Sale Real Estate Agent in Sarasota, Florida we get several calls daily from buyers inquiring about our Short Sale listings in Sarasota. Recently, I received a call from a buyer on a Short Sale listing where the buyer expressed an interest in seeing our listing. She shared with me th
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09/14/2010
As a Short Sale Real Estate Agent in Sarasota, Florida with Keller Williams Realty On the Water, Troy Funk (Broker/Associate), together with his team (The Troy Funk Team), has closed over 100 bank-negotiate sales in the Sarasota and Manatee County, Florida market area in less than 12 months. Wi
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09/13/2010
Many homeowners facing foreclosure in the Sarasota, Florida area don't realize the potential risk they are exposing themselves to by letting their property go into foreclosure. Doing nothing and letting your property foreclose could end up being one of the worst financial decisions you will
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09/12/2010
As a Short Sale Real Estate Agent in Sarasota, Florida I am consistently hearing sad stories from homeowners facing foreclosure. Often, during this difficult time, a homeowner is not aware of all of the options available to them before they make a decision as to how they should proceed with a p
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09/11/2010