Julia Vakulenko

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MLS# A4184463

Great condominium. New laminate floor throughout living and dining area and all bedrooms. The building is concrete block construction. It is close to I-75, US HWY 301.
Visit this property in RIVERVIEW: 6423 CYPRESSDALE #201, RIVERVIEW

MLS# T2877236

Need LITHIA SCHOOL DISTRICT but do not want HOA or CDD fees. Welcoming foyer leads to formal dining room and spacious office/den. Notice custom PLANTATION SHUTTERS, tasteful valances, Hunter Douglas Silhouette Shades, and decorative light fixtures...
Visit this property in VALRICO: 2810 OLAVET CT, VALRICO

MLS# A4184414

Stylish sophistication describe it all. Finally, available, a single story unit in The Links at Pinebrook. New stainless steel appliances, NEW AC, new ROOF, and new Water heater. Minutes to the Gulf beaches.
Visit this property in BRADENTON: 3760 PINEBROOK CIR #1, BRADENTON

MLS# A4184308

You will feel like your home the minute you enter the front door. The second bedroom and bathroom is privately located down the hall from entering the front door. A large laundry room with plenty of storage cabinets. Also has a nice community pool.
Visit this property in SARASOTA: 7920 PINEGROVE CT #16, SARASOTA


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Tampa Short Sales

When a homeowner needs to sell their property, but the sale is going to be less than the mortgage amount, the homeowner must seek approval from their lender in order to make a short sale.

Banks often approve a short sale due to the amount of time and money that a foreclosure process brings to the lender. Some lenders will see short sales as an easy way to cut losses and move on. This way, the lender gets the proceeds from the sale, and the owner would be forgiven for the rest of the debt still owed. This cannot work for owner who has the ability to make payments, owns other high equity real estate, or lied about something on the loan application. It is not an easy way out of a bad investment.

From the buyer’s view, purchasing a home from a short sale can be a long process that ends up leading nowhere. It could be as long as 90 days to get a response from the bank to approve an offer that was accepted by the seller. Buyers can often get frustrated and just walk away from the situation. There is no great bargain in purchasing a short sale, so there is no motivation for a buyer to jump at this chance.

If the bank does approve a short sale, the buyer will have to close the deal in about two weeks. This means that a buyer must have inspections and appraisals ready to be done, as well as the financing. Most short sales now do not get approved and the homes are ending up in foreclosure. This way, the bank has the property clear of any secondary loans and they can list the property as an REO on the market.

 

The Home Buying Process:

 

Types of Resale in Today's Market:

 

Taxes, CDD, HOA, and Homestead:

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