Luxury Short Sales

Talked with a gentleman this week who is selling a nice waterfront home here in Florida as a short sale.  He had a million dollar offer on the house last year but the bank took too long to get back to him and the buyer purchased another home down the road.  Now there’s a sale in his neighborhood with 700 more square footage than his and it sold for $620k.

Lenders don’t know what they’re doing.  They delay or flat out reject a short sale only to have it sell for less at the foreclosure auction.  They want the buyer to offer more and they delay.  The process takes months and buyers don’t want to wait months, so many short sales are unsuccessful.

A short sale needs a buyer who is patient and one who understands the system and a short sale team that understands the way lenders behave and how to outsmart the shorting lenders.  That’s what I do.  I outsmart shorting lenders.

If you have a luxury home and are looking to short sell then call me.  Lord willing, I’ll be your buyer and will process the short sale to a successful close.  I work well with real estate agents.  Give me a call this week and we’ll talk. 

Paul Jerome
(702) 430-9390

I also provide private financing for short sale purchases.