Trident Title Short Sale Division
Florida’s Property Values have plunged as much as 57% in the past five years. Experts predict home prices will not rebound for several years.
Trident Title offers a customized online transaction manager allowing you to view your short sale file’s progress in real time 24/7, with a staff of expert negotiation specialists to help expedite your short sale closing. In addition we are affiliated with The Homeowner Assistance Division of The Law Office of Paul A. Krakser, PA. offering legal service, home assistance consultation, foreclosure defense, debt settlement and bankruptcy services. Trident Title also offers traditional title, escrow, and closing services which will benefit you as well as the seller. Trident Title will keep you informed on the latest industry developments in this ever-changing short sale real estate market. Think of Trident Title as a “one-stop shop”!
Trident Title offers the latest technology, tools and educational seminars keeping you informed and up to date on the latest short sale industry changes including bank relocation incentives, Home Affordable Foreclosure Alternatives (HAFA) and other state & federal programs.
Short Sale Outlook for 2012
The Nation’s largest lenders now see short sale as a viable alternative to foreclosure. In the past, banks were willing to let a property go into foreclosure rather than accept a short sale. This is now changing. Banks are showing their commitment to the short sale process by offering homeowners substantial relocation packages, allowing underwater homeowners to exit their homes gracefully, along with recently announced major changes and upgrades in their short sale processing approval system. Over the next 12 to 18 months, we expect to see a continued increase in short sale approvals. “Bank of America recently announced they will be cutting lengthy process times and have made a commitment to increase approvals in 2012 by 70%”. With these recent industry changes, Trident Title expects to reduce its short sale processing time and increase our closing ratio in 2012! This commitment by the mortgage lenders and servicers amounts to good news for the distressed foreclosure market, real estate agents , homeowners, and the overall recovery of the real estate market.
From the National Association of Realtors
“For many real estate professionals, short sales and foreclosures are the new “traditional” real estate transaction. Knowing how to help sellers maneuver the complexities of short sales as well as helping buyers pursue short sale and foreclosure opportunities are not merely good skills to have in today’s market — they are critical. And while short sales and foreclosures are not for the faint of heart, agents with the proper tools and training can use these specialty areas to build their business for the long term” please contact one of our short sale specialists for a free consultation at 561-515-2920, toll free 877-229-6740 or send us an email shortsaleinfo@tridenttitlellc.com