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Short sales are still a viable option for homeowners completely "under water" with their home price and faltering on their mortgage payments. Short sales in Florida are increasingly popular to rectify the situation and kick the real estate market into high gear. Homes sold in this manner do fall short of the money owed on the property, but banks are desperate to get these homes generating income once again.

Short sales are still a viable option for homeowners completely "under water" with their home price and faltering on their mortgage payments. Short sales in Florida are increasingly popular to rectify the situation and kick the real estate market into high gear. Homes sold in this manner do fall short of the money owed on the property, but banks are desperate to get these homes generating income once again.

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Short sales are still a viable option for homeowners completely "under water" with their home price and faltering on their mortgage payments. Short sales in Florida are increasingly popular to rectify the situation and kick the real estate market into high gear. Homes sold in this manner do fall short of the money owed on the property, but banks are desperate to get these homes generating income once again.

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I mentioned in an earlier post that scammers are smelling blood in the water and are searching out homeowners who are facing foreclosure. The anxiety and desperation that people are feeling in these circumstances can make them easy prey to schemes and scams that purport to be able to help them but in reality take away their homes.

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