Why a Strategic Short Sale May Make Sense.
By Bryant Tutas, Selling Florida one home at a time
(Tutas Towne Realty, Inc and Garden Views Realty, LLC)
Hi folks. Let's talk about this Strategic Short Sale thing a little. I know there are many people that just can't understand why anybody would do a Short Sale if they can afford their mortgage payment and they do not have a hardship. In fact, there are those that would call this immoral. Well OK then. My job is not to judge. My job is to inform people so they can make a decision based on facts, their needs and what's best for them. And as much as it sucks a Strategic Short Sale MAY be the best option. Just because someone can afford their mortgage payment does not mean continuing to make it is the best way to go. This post will give you some hard cold financial data. Do with it what you may. First, you have to remember that in my area property values are down 75% and in some communiti...
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