CSP - Certified Short-Sale Professional

'Short Sale' the new buzz word in real estate.



Definition: A situation where the property owner owes more than the home is worth and needs to sell the home or wants to sell but doesn't have the money to close.



Selling your home under these circumstances is highly stressful and it takes a trained professional to help you through this process. As a Certified Short-Sale Professional (CSP) we are trained to handle the requirements that need to be met by all parties to agree to the short sale. Finding a buyer is just the beginning, then we must work with the lender to show they should grant you a short sale.

During the Process of Short Sale, you can expect:

1) Determining the price of your home. Through comps in your neighborhood of active and sold lisings, we will determine if your home can be priced to sell quickly and at a price the lender will agree to the terms.

2) Calculating the home's financing & debt vs the home's value, using step 1 as a guideline.

3) We will begin looking for a buyer, not every buyer will want to go through the short sale process. It is a laborious process and takes time. Many buyers are not willing to wait for an answer from the bank.

4) We will be contacting your lender to explain your situation. Lenders will examine the information closely and are under no obligation to accept a short sale. Lenders make the final decision and can disapprove of any part of the transaction without justification.

5) Tax repercussions can occur in a short sale. We will cover the tax liability that may remain after the short sale is complete and ADVISE you to seek counsel from a tax professional or tax attorney.

Walker Bagwell Properties is a full service real estate company and we are community oriented as this is our home for many years. We are here to give assistance in 'all' real estate matters! As a Certified Short-Sale Brokerage we now have the expertise to give you the professional assistance you need in this challenging time.

Thank you for your trust in our TEAM at Walker Bagwell Properties.

TEAM Contacts:
Ada Bagwell - 321-432-4741
Joanne Shuster - 321-749-3190
Jim Bagwell - 321-213-0615
Office: 321-868-3151
Email: WalkerBagwell@aol.com