Florida Short Sales
The rules for a short sale in Florida are as follows:
SHORT SALE FEES: Florida Sellers be aware that it is unlawful for anyone other than a Florida admitted attorney to charge a fee in order to process a short sale. Real estate professionals and/or title companies are NOT permitted to charge any additional fees relating to the short sale and/or its’ processing. Only standard commissions and/or fees are deemed permitted.*
702.07 Power of courts and judges to set aside foreclosure decrees at any time before sale.–The circuit courts of this state, and the judges thereof at chambers, shall have jurisdiction, power, and authority to rescind, vacate, and set aside a decree of foreclosure of a mortgage of property at any time before the sale thereof has been actually made pursuant to the terms of such decree, and to dismiss the foreclosure proceeding upon the payment of all court costs.
For detailed short sale and foreclosure laws in Florida state, please see the following.
- Florida real estate information
http://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Index&Title_Request=XL#TitleXL
More Information About Short Sales
Short Sale Process – Steps in a Short Sale Process – Wachovia Short Sale Package – California Short Sales