Troy Funk, CDPE – Sarasota Short Sale Expert

What do you do after a loan modification does not work? A Sarasota homeowner discusses her journey to find the answers and the decision she makes to complete a Short Sale as well as the emotional and financial relief after the process is over with. We hope her story helps others find the solution they [...]

When facing the possibility of foreclosure, there are many solutions, including Reinstatement, Forbearance, Renting the Property, Refinance, Loan Modification, Bankruptcy, and a Short Sale. Which of these alternatives to foreclosure is right path to take? Since everyone’s objective and circumstances are different, it’s important to understand the potential consequences of each solution to make the [...]

Countless homeowners facing foreclosure are under tremendous stress and need money.  When deciding to “Walk Away” from their homes, we see many of them realize that their dream of homeownership is about to end.  As a result, many homeowners see an opportunity to strip their houses of anything of value; taking built-in appliances, light fixtures, [...]

A recent article by Leslie Ebersole from Baird & Warner Real Estate in Illinois, points our the recent changes in some banks delaying foreclosures in 23 States.  Florida is fortunately one of those States where many lenders are delaying foreclosures.  If you have a home in foreclosure in Sarasota, Florida this could be good news if you [...]

  In a Short Sale, lenders often request that the buyer and seller sign an Affidavit of “Arms Length Transaction”. This affidavit usually states wording such as;  “No party to this contract is a family member, business associate, or share a business associate, or share sare a business interest with the mortgagee”.   Furthermore, there Are [...]

  As a Short Sale Real Estate Specialist in Sarasota, Florida with Keller Williams Realty, I write a blog almost everyday through Active Rain and get good response from it.  However, the other day I wrote a blog titled:   “Before a Foreclosure, Should I take the Kitchen Cabinets, Fixtures, Doorknobs, etc.? “http://activerain.com/blogsview/1880676/before-a-foreclosure-sale-should-i-take-the-kitchen-cabinets-fixtures-doorknobs-etc- Shortly after I posted this, [...]

  In Sarasota, Florida there are many companies and investors stating they will “Buy your house for Cash”.   Many of these companies and investors are not Cash Buyers, they are Speculators.  By Speculator I mean they contract to purchase a property at what they believe to be a great value and while the home they [...]

  We are in a crisis with an overwhelming number of homeowners “Walking Away” and letting their homes go into foreclosure in our market area (Sarasota, Florida).  In some cases, homeowners are stripping their homes of anything that could have value, destroying the home in the process, while abandoning their home and letting the lender [...]

Noted below is an interesting blog on “More International Buyers for Florida”.   In this blog, Sherry Armstrong details stats on International Buyers in her maket area.  In our area, Sarasota Florida, we have also seen an increase of International Buyers.   For photos, detail and information on homes for sale in Sarasota, Florida visit our website at www.SarasotaRealEstateGallery.com Via [...]

Foreclosure is nasty and often is something we don’t talk to others about because the word can upset those around us who are facing financial difficulty.  As a result, many people facing financial hardship take the path of least resistance and ignore their problem in the hope it will go away.  When faced with the [...]

  Recently I had a client with a high security clearance who was being screened for a new position and would not be able to maintain her current employment if she “walked away” from her property by letting the home go to foreclosure.    However, she could not financially continue to maintain ownership of her home [...]

As a Short Sale Real Estate specialist in Sarasota, Florida with Keller Williams Realty, I recently received a call from a condominium association that had numerous units in their complex delinquent in their association dues.  They recently foreclosed on one of the units and now had legal ownership of the unit.  The association called me [...]