Sarasota Real Estate Resources
There are many new terms in the world of real estate. The following will provide an overview of specialty services and Sarasota real estate resources to assist in making decisions for buying or selling in Sarasota and beyond.
A Certified Relocation Specialist and experienced to deal with individuals and/or companies who are relocating to or from the Sarasota area. From the smallest to the largest details, I assist buyers or sellers by: Recommending movers, establishing lender contacts, communicating with relocation companies, or connecting you with area services, medical professionals and schools. Facilitating all components of relocation and providing excellent communication to make the transition as smooth as possible.
There are so many details associated with the time frame of losing a loved one. Often homes are owned and sold without the inheritor ever seeing the property, or being present to handle the myriad of details. I assist in coordinating companies/movers to remove property – assist in finding estate sale professionals to sell or dispose of the home’s contents. I recommend what is needed to prepare a home to maximize the price and reduce selling time. Like – paint, replace appliances, or gather quotes for seller comparison, contact charities for donations and address all of the details to assure top dollar in the least amount of time.
A short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold. In a short sale, the bank or mortgage lender agrees to discount a loan balance because of an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank’s loss mitigation or workout department. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lender, sometimes (but not always) in full satisfaction of the debt. In such instances, the lender would have the right to approve or disapprove of a proposed sale. Extenuating circumstances influence whether or not banks will discount a loan balance. These circumstances are usually related to the current real estate market and the borrower’s financial situation.
Sarasota Real Estate Trends
Contact me to receive comprehensive reports once, or on a regular basis, to keep you informed on area market values and trends. Broad reports for Sarasota or Manatee Counties, or can be customized to provide you with specific neighborhood, zip code or type of property. The information I provide can be as general as sales price trends or as detailed as list to sales price, days on market, and defined price points. Send your request to Pam@SarasotaAndBeyond.com.