You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. It also has valuale tips whether you are buying, selling, or experiencing financial hardships. We want to give you helpful information before you take any action, or avoid action altogether. Please reach out if you have any questions at all. We’d love to talk with you!
What’s a hardship letter and do I actually need one?
A hardship letter is a written explanation from the borrower describing the financial hardship, such as job loss, medical bills, or divorce, that led to the missed payments. Lenders require it as part of the short sale package.
Will people find out if I’m behind on my mortgage?
No. A conversation with a real estate broker about your mortgage situation is private and confidential. Nothing about it becomes public unless and until your lender formally files a foreclosure lawsuit in court.
I missed a few mortgage payments — is it too late to fix this
It's rarely too late, but options narrow with every week that passes. Once a Florida lender files a foreclosure lawsuit, the matter becomes part of the public court record and the timeline starts moving on the court's schedule, not yours.
Can I sell my Florida house if I’m behind on payments?
Yes. Being behind on payments does not prevent you from selling your home, even if you owe more than the home is currently worth. A short sale allows your lender to approve a sale for less than the full loan balance.
What is the difference between a short sale and a foreclosure in Florida?
A short sale is directed by the homeowner, working with the lender, who controls the timeline and the outcome. A foreclosure in Florida goes through circuit court, is directed by the lender and the judge, and becomes part of the public record.
What do I do if I can’t pay my mortgage in Florida?
Call a Florida-licensed agent who specializes in short sales as soon as you miss a payment, before contacting your lender yourself. Missing payments does not automatically lead to foreclosure, and homeowners who reach out early keep far more options than those who wait.
