Title Company for Short Sales in Tampa, Plant City, Brandon, Lutz, Lakeland, Temple Terrace & Throughout Florida

Short sales have become more prevalent in recent years because of declining property values nationwide. A short sale occurs when a piece of property, usually a home in danger of foreclosure, is sold for less money than what is owed on the mortgage. The Mortgage Forgiveness Act of 2007 provides tax relief for short sellers through 2012, making short selling an even more attractive option.

According to the National Realtors Association, twelve percent of 2009 home sales in the United States were short sales.

Short sales are complicated transactions. They involve a seller, a mortgage holder, a buyer, a mortgage insurance company, real estate firms, an escrow agent from a title company and others. Each party’s interests must be taken into account and each step requires full disclosure to all parties. Negotiations can drag on for months as a lender decides whether to allow the short sale or force foreclosure. Hillsborough Title, in business since 1984, can help make short sales as seamless and painless as possible. Our expert short sale service includes:

• Examining the title for outstanding liens, deed irregularities, etc.
• Issuing a preliminary title report
• Acting as escrow or settlement agent
• Recording legal documents
• Issuing title insurance policies for the transaction

For a short sale on a home in South Tampa, Ruskin, Seffner, Valrico, Apollo Beach, Wesley Chapel, and throughout Polk, Pasco, Pinellas, Manatee and Hillsborough counties, Hillsborough Title is the agency you can trust to handle every detail professionally, efficiently, transparently and affordably. The lines of communication are always open at Hillsborough Title. And because we store documents digitally using the latest, most-secure computer software, important information can be in your hands in minutes, rather than hours or days.

Contact your hometown title agency, Hillsborough Title, to make sure your short sale proceeds as smoothly and stress-free as possible.