Julia Vakulenko

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MLS# T2909108

With no deed restrictions, this yard offers plenty of room for your gardens, boat or RV storage. An ideal lakeside retreat. No HOA fees. Won't last long.
Visit this property in TAMPA: 1208 N PINE LAKE DR, TAMPA

MLS# U7835644

Assigned parking space #705 is located right outside your door. Washer and dryer are located in the Florida room with a back entry out to the patio overlooking a serene courtyard. Includes a storage shed. Enjoy the community clubhouse.
Visit this property in KENNETH CITY: 4151 56TH WAY N #705, KENNETH CITY

MLS# T2909325

** A HOME OF LOVE, JOY, LAUGHTER & COMFORT **PLUS it's. **The $30,000+ Screened Pool/Porch Package will be the PERFECT PLACE for Yummy Cookouts & Relaxing Family Fun. **3 Bedrooms & 2 FULL Bathrooms**Generous Master Bedroom Suite boasts a Large...
Visit this property in BRANDON: 1532 KESTREL WAY, BRANDON

MLS# U7835661

This 2/2. car garage block home is a great starter house. Roof 1 year old and new paint inside. Seller offering $1200 carpet allowance.
Visit this property in PORT RICHEY: 8910 CAIRO LN, PORT RICHEY


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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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