Jacksonville short sales are complicated but, can help sellers who owe more than home is worth. A short sale occurs when a property is sold for less than the total debt owed on the property. Jacksonville short sale must be approved by the lenders and borrowers requesting a short sale must prove a hardship such as a mortgage payment increase, job loss, divorce, excessive debt, forced or unplanned relocation. A Short Sale is when the homeowner sells their home for less than what it?s owed on their loan, and the lender accepts the amount as the payment in full. If your house in Jacksonville, FL is worth less than what you owe on the home loan, a short sale maybe your best alternative to foreclosure. Our Jacksonville short sale Realtor has a high success rate on approvals from the banks and closed short sales in Jacksonville, Atlantic Beach, Jacksonville Beach, Fernandina Beach, Orange Park, Lakeside, Palm Valley, Neptune Beach, Nocatee, Fruit Cove, Sawgrass, Saint Augustine, Vilano Beach, Fleming Island, and Green Cove Springs, Florida.
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