Partly Cloudy 72°F | 22°C

Short Sale vs. Foreclosure?



Selling Your Home

Sold Beach House
Beach Front Property

Selling in a buyer's market is tough and working with experienced full-time Realtors can give you the advantage you need to successfully get your property sold. Stu and Misty have over 15 years of realty experience and specialize in the greater Fort Lauderdale area.

We offer free short sale help for those whose mortgages are currently "underwater."

Buying a New Home

Buy at Cambridge Park
Cambridge Park

According to home search Web site Trulia.com, South Florida ranks as the number 1 region in the country where you are better off owning a home than renting (1st quarter 2011). From owning a condo on the beach to a single family home, Stu and Misty are there to help you make that dream come true.


Client Feedback

"I did not think I could ever buy then Stu and Misty showed me the road to home ownership, I feel so much better and I am paying less now than before."
- Ruth V.

"I had no idea how to even begin to get out from under all my debt, then Stu and Misty took control and 60 days later I was out of my mortgage and living near the beach where I always wanted to live and for far less in a nicer home. Thanks."
- Ryan D.

Real Estate News

November 15, 2011

Banks are qualifying clients with previous short sales
Banks are qualifying clients with previous short sales and are looking to re-enter the home purchase market. As the market and approval guidelines change on a weekly basis Stu and Misty will always put you in touch with the proper mortgage professional. But we thought this was some good news worth sharing. More...

October 15, 2011

let’s talk about DEFICIENCIES
Each home owners conditions can be individual and it can be a complex issue but let’s talk about DEFICIENCIES since it seems to be our most popular question these days. What is a deficiency: It is the difference between what is owed and what the lender nets on a short sale or I believe foreclosure (but I am far less familiar with anything to do with foreclosures as we tend to be in the business of preventing that mark to go on your record). Each lender/ investor may react differently but overall first lien holders are increasingly waiving, or issuing a 1099C as forgiveness of debt. More...

August 15, 2011

Handling IRS 1099 income
Stu and Misty receive a lot of questions about 1099 income from Short Sales or Foreclosures. As always we recommend you seek proper legal advice from a competent lawyer and or accountant as each person's case can be different and this should not be considered rendering legal advice. After all we are Realtors, not lawyers or accountants and 1099's are not what we are licensed to interpret. Having said that, we can give a "rough" overview as described to us from professionals we trust. More...