El Dorado #508 - Short Sale
3675 N Country Club Drive, Aventura, Florida

2 bedroom / 2 bathroom
$129,000.00
Pool, Lake Views,24/7 Conceirge-Security,Balcony,
Assigned Parking, Guest Parking

Mystic Pointe (1807) - Short Sale
3530 Mystic Pointe Drive, Aventura, Florida

2 bedroom / 2 bathroom
$270,000.00
Water Front - Intra Coastal Property, Pool, Jacuzzi, Fitness Center,
Yoga + Pilates Classes, Residents Billiards + Card Room,
24/7 Concierge/Security, Balcony, Assigned + Guest Parking,
Washer/Dryer (in unit), Pets OK

Nirvana (BPH-2) - Short Sale
750 NE 64 Street, Miami, Florida

2 bedroom / 2 bathroom
$205,000..00

Water Views from this Penthouse, Private Roof Deck Terrace,
Gated Community, Water Front Property, Resort Style Pool, Lap Pool,
Jacuzzi, Fitness Center, 24/7 Security, Granite Kitchen Counter Tops,
Stainless Steel Appliances, Washer/Dryer hook up
Pets/Dogs OK

The Tides (C14F) - Short Sale
3901 South Ocean Drive, Hollywood, Florida

2 bedroom  /  2 bathroom
$217,000.00

Ocean Front Corner Unit, Floor to Ceilings Views, Pool, Fitness Center,
24/7 Concierge-Security, Covered Assigned Parking, Valet-Guest Parking,
Pets/Dogs OK

Miami Shores House - Short Sale
8920 NE 9 Court, Miami, Florida

3 bedroom / 3 bathroom
$300,000.00

Corner House, Granite Kitchen Counter Tops,
Kitchen Aid Stainless Steel Appliances, Travertine Stone Floors thru-out,
Contemporary Bathrooms, Stone Floors + Walls, Glass Sinks,
Lots of Closets, Mature Mango Tree, Laundry Room

Belle Meade House - Short Sale
845 NE 74 Street, Miami, Florida

3 bedroom / 2 bathroom
$335,000.00

Gated Community, Pool, Lushly Landscaped, Private Fenced Garden/Yard,
Stainless Steel Appliances, Corian Counter Tops, Wood Floors thru-out,
Fireplace, 1-Car Garage

Azure Realty Group Short Sale Foreclosure Solutions

A short sale or short payoff occurs when a lender agrees to accept less than the outstanding loan amount to satisfy the seller’s loan. A short sale allows both the lender and the distressed property owner to avoid foreclosure by selling the property at a loss. Combined with the weak real estate market the following are common situations facing distressed sellers:

• Unexpected health issues resulting in difficulty making mortgage payments;
• Lending rate increases on adjustable rate loans;
• Divorce;
• Over-extended borrower with multiple mortgages;
• Job loss or transfer;

Our goal is to protect our local and out-of-state clients while guiding them through their real estate transactions.

Short sales are more complicated and time consuming than an average real estate sale, making it important to retain an experienced Realtor and real estate attorney to oversee and negotiate the transaction. A distressed seller initiates the short sale by contacting a Realtor and real estate attorney to draft a special contract and the Realtor to negotiate and draft sales contracts which include the conditions of the short sale.

Lenders Prefer Short Sales
Short sales are more beneficial to a lender than a foreclosure. Lenders prefer short sales because they are not in the business of managing and owning property and short sales are less expensive than completing the foreclosure process. Lenders accepting short sales receive a substantial percentage of the outstanding loan amount due without waiting for a time consuming foreclosure, and they are able to avoid foreclosure and maintenance fees. .