For Rent  For Sale  The Edge  Wellington  Shortsales  Foreclosures  Commercial Real Estate About US    Properties    Strategic Partnerships    Online Forms    Search MLS     For Rent  For Sale  The Edge  Wellington  Shortsales  Foreclosures  Commercial Real Estate   About Us   Financing   Contact US     Property Management   RES News   New To Downtown   Employment   Testimonials    Shortsales have been the most popular new strategy for sellers to get rid of their houses that cannot sell and/or their mortgages are higher than the value of the home. What a short sale involves are 3 key things. #1 is buyer who is willing and able to purchase the property. #2 is to provide the bank with key financial information for the seller showing that they do not have the ability to keep paying for the property. and #3 a Real Estate professional to negotiate the deal with the lender and provide key market information so that the bank will allow the transaction to close without the full amount of the mortgage to be paid off. The advantage for the seller in executing a short sale is they avoid having a foreclosure on their record as well as get their property off their hands. The advantage to a buyer in buying a property in a short sale is that they can get a great deal on a new home because they are helping the bank to avoid incurring the expense of foreclosing on the home and having to sell it some other way. It is very important that you understand what is involved in the short sale process and have a competent team of professionals handling the transaction. If you are a buyer looking to buy a short sale, or a seller looking for more information on how to execute a short sale, please call RES today to start working on your Real Estate Solution.     Sold in 05' for $417,000  $149,000, a discount of 65%  555 Pacific Grove #1, West Palm Beach, FL 33401     $120,000  1743 NE 6th St  The Preserve, Boynton Beach, FL     $124,900  610 Clematis #734  West Palm Beach, FL     $155,000  City Side  1730 Borrego Wy #6 West Palm Beach, Fl 33401     $199,000  City Side  1750 Mission Ct #4, West Palm Beach, FL 33401     $159,000  City Side  500 Pacific Grove Dr #6, West Palm Beach, FL 33401     $19,000  Clear Lake Club #16, 19, & 110  West Palm Beach, FL     $180,000  Flagler Pointe #534  West Palm Beach, FL     219,000  One City Plaza #1420  801 S. Olive Ave #1420 West Palm Beach, FL 33401     $50,000  Paradise Cove  1052 The Pointe Drive, West Palm Beach, FL     $99,000  Slade #1209  1551 N Flagler Dr #1209, West Palm Beach, FL 33401     $105,000  The Edge # 1002  300 S. Australian Av # 1002, West Palm Beach, FL 33401     $169,000  The Edge #607  300 S. Australian Av # 607, West Palm Beach, FL 33401     $139,900  The Slade #1207  West Palm Beach, FL     $160,000  Villa Lofts # 303  1617 N Flagler Dr. #303, West Palm Beach, FL 33401 Displaying 1 to 15 (of 15 properties) Result Pages:  1  Copyright © Real Estate Solutions 2006. All Rights Reserved.