Short Sale Guide for Homeowners: What to Know, Step by Step

If you owe more on your mortgage than your home is worth and can’t afford to keep making payments, a short sale can be a viable way to avoid foreclosure. A short sale is when your lender agrees to accept less than the full amount owed on the mortgage when the home is sold. This guide explains what a short sale is, who qualifies, the steps involved, pros and cons, and practical tips to help you through the process.

What a short sale is (in plain terms)

• You sell the home for the current market value, which is less than...

By Virginia, Real Estate Broker & Instructor

Florida's real estate market continues to draw attention nationwide as buyers, sellers, and investors watch the Sunshine State’s shifting trends with interest. As of Spring 2025, we're seeing signs of a maturing market — not a downturn, but a recalibration after the aggressive pace of the past few years.

1. Home Prices: Stabilizing, Not Sliding

Understanding Closing Costs in Real Estate Transactions

A recent insightful article from Bankrate succinctly outlines the essence of closing costs:

"Closing costs are the fees and expenses you must pay before becoming the legal owner of a house, condo, or townhome... Closing costs vary depending on the purchase price of the home and how it’s being financed..."

The differences in florida Trust vs Will

Both trusts and wills are estate planning tools, but they serve different purposes and have distinct features. Here are some key differences between a trust and a will, with a focus on how these differences may be relevant in Florida:

1. Probate Process:

By Virginia Wright posted April 23, 2023

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By Virginia Wright, posted June 25, 2023