Jim Tyner & Associates Inc is there for homeowners needing to execute a short sale Madeira Beach, Florida

Ready to short sell your home?

What is a short sale? A short sale happens when the amount of the outstanding loans are greater than the value of the home. Short sales are often caused by prices in a market rapidly declining.

Short sales could be a way for homeowners to preclude foreclosure and pay off their loan with the lender by settling.

What steps do I take in a short sale?

First, figure out the true market value of your house. A qualified REALTOR^®, like those at Jim Tyner & Associates Inc, will be able to give you a good idea of what your property will likely sell for based on prior sales of similar houses in the area. Beware of websites where a computer estimates your property's market value since they may not have complete information or know important things like neighborhood trends and current listings.


	Madeira Beach homeowners who are upside down on their home loan and need results fast should turn to the expertise of Jim Tyner & Associates Inc to guide them through the short sale process. Contact us today for a free consultation.

Next, estimate your closing costs. The qualified real estate agents at Jim Tyner & Associates Inc will account for fees like title report, appraisal, escrow, property taxes, and agent commissions to estimate your final costs upon closing.

Finally, contact your lender and tell them of your situation. They may even have a specific team that deals with short sales. Ask about their exact steps. Some lenders will be more willing to work with you than others. They may be able to reduce your loan principal or make other arrangements. Your lender will have to give consent for the final sale.