A Comprehensive Guide to Selling a Mortgaged House in Florida
A short sale involves selling the property for less than the outstanding mortgage balance with the lender's approval. While this process can be intricate, it allows you to evade foreclosure and minimize the impact on your credit score. It is important to note, however, that the lender must consent to the terms of the short sale.
Selling to Cash Buyers
For those seeking a swift sale of their mortgaged house in Florida without undergoing the conventional listing process, an alternative option is selling to cash buyers. Cash buyers encompass real estate investors or companies that purchase properties in any condition, including those with mortgages.