Fort Lauderdale Area Short Sale and REOs
Downtown Ft. Lauderdale Short Sale Condos - These Short Sale condos properties are located in the famous Las Olas area of downtown Fort Lauderdale, Selected condos listed above $200,000.
Downtown Fort Lauderdale REO Condos - These Bank Owned (REO) condo properties are located in the famous Las Olas area of downtown Fort Lauderdale, Selected condos listed above $200,000.
Condo Short Sales - Fort Lauderdale - Dania - Hollywood - Deerfield - Hallandale Beach Area. These Short Sale condo properties are located along the eastern edge of Broward County between Hallandale Beach, which is south of Fort Lauderdale to Deerfield Beach to the north of Fort Lauderdale. Listed above $ 200,000.00
Condo REOs - Fort Lauderdale - Dania - Hollywood - Deerfield - Hallandale Beach Area . These Bank Owned (REO) condo properties are located along the eastern edge of Broward County between Hallandale Beach, which is south of Fort Lauderdale to Deerfield Beach to the north of Fort Lauderdale. Listed above $ 200,000.00
SHORT SALE - Single Family Homes These Short Sale single family properties are located along the eastern edge of Broward County between Hallandale Beach, which is south of Fort Lauderdale to Deerfield Beach to the north of Fort Lauderdale. Listed above $ 300,000.00
REOs Single Family Homes - These Bank Owned (REO) single family properties are located along the eastern edge of Broward County between Hallandale Beach, which is south of Fort Lauderdale to Deerfield Beach to the north of Fort Lauderdale. Listed above $ 300,000.00

Fort Lauderdale Single Family Residential Real Estate is our specialty.

My name is Jassamine Redington with Condos & Castles Real Estate, Inc. an established Real Estate Firm servicing the Greater Fort Lauderdale, Florida communities and I look forward to the opportunity to assisting you with the purchase or sale of a single family home or condominimum (Condo).

Because of its many canals, Fort Lauderdale is often referred to as "The Venice of America". Fort Lauderdale offers beautiful sandy beaches, luxury condos and residences, world-class yachting, sophisticated dining and shopping and the finest tropical climate to be found in the continental United States.

With emphasis on new condo and single family residential sales plus investment properties, I can provide you with the knowledge, expertise and the latest computer search technology to assist you in selecting a luxury Fort Lauderdale condominium or single family residential address suited perfectly to your lifestyle..

Buying a Short Sale Property

If you are considering Buying a Short Sale property, you should seek a Realtor experienced with Short Sales and its processes. If the property you choose has been set up properly by the listing agent you can expect the sale to go smoothly, expediting the close. Advance work with the mortgage holder is key in making the process go smooth and that is where the listing agent's experience is critical. Acceptance by the mortgage holder can be very quick when this process has had the critical focus it needs. If the property has not been set up properly for the short sale the process will be slow and possibly take as much as 90 days just to receive a response from the lender regarding your offer. Coming into the deal with cash can have a positive influence with the acceptance, but it is not necessary. When buying a property always consult a real estate attorney.

Although you will execute a sales contract with the seller, it is the lender(s) who make(s) the final decision. There is no guarantee that your offer will be accepted by the lender(s). You will want to have your financing in place.

Selling a Short Sale Property

If you are faced with a foreclosure DO NOT WAIT, consider Selling your property thru a Short Sale. There is no reason today to lose your property to a foreclosure and ruin your credit! You should IMMEDIATELY consult a real estate attorney to see if this is the best course of action for you and to learn the possible ramifications involved in selling through a short sale. You will need to contact your lender to see if you will qualify to sell your property through a short sale (see below). Finally, select a Realtor experienced in marketing and selling short sales. Always communicate with your lender on your intentions. They do not want your property and will generally be happy to work with you through the sale process. CONTINUE TO PAY YOUR HOMEOWNERS ASSOCIATION FEES. The Association can place a lien, and foreclose on your property.

Plan ahead as most lenders will require the following documents:

  • Most Recent (2) years tax returns
  • Letter of explanation and the nature of your hardship
  • Most recent (2) pay stubs
  • Most recent (2) bank statements
  • Letter of Authorization (if using a third party to access information)
  • Estimated HUD-1 (Settlement Statement)
  • Copy of Listing Agreement
  • Copy of Contract and/ or Offers to Purchase