ABOUT KELLER WILLIAMS REALTY: The JAZ Zydenbos Team offers unparalleled service to ALL Real Estate Customers for home foreclosures, short sales and traditional home sales in the Nature Coast of Florida real estate market which includes Levy County, Sumter County,Citrus County, Hernando County, Pasco County and Pinellas County. Your complete satisfaction with our service and representation is our number one priority. And that is why this site is titled "The Best Home Buys in Florida. The JAZ Zydenbos Keller Williams Realty Team specializes in all types of Real Estate Transactions, including economy driven short sales, foreclosures, bank owned properties, REO properties, rentals, vacation rentals and very good under valued straight sales. In Levy County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the Town of Bronson, City of Cedar Key, City of Chiefland, City of Fanning Springs, Town of Inglis, City of Otter Creek, City of Williston and the City of Yankeetown. The unincorporated Levy County areas also served are Andrews, East Bronson, East Williston, Ellzey, Fowlers Bluff, Gulf Hammock, Lebanon Junction, Manattee Road, Rosewood, Turkeytown, Usher, and Williston Highlands. In Sumter County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the City of Bushnell, City of Center Hill, City of Coleman, City of Webster and the City of Wildwood. The unincorporated areas of Sumter County includes Lake Panasoffkee, Linden, Mabel, The Villages, St. Catherine, Sumterville, Tarrytown, Wahoo and Croom a Coochee. In Citrus County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of Crystal River and Inverness. The unincorporated areas of Citrus County includes Beverly Hills, Black Diamond, Chassahowitzka, Citrus Hills, Citrus Springs, Floral City, Hernando, Holder, Homosassa Springs, Homosassa, Inverness Highlands North, Inverness Highlands South, Lecanto, Meadowcrest, Pine Ridge, Red Level and Sugarmill Woods. In Hernando County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of Brooksville and Weeki Wachee. The largest town and unincorporated is Spring Hill with 92,144 in population. The unincorporated areas the JAZ Zydenbos Tropic Shores Team serves are Aripeka, Bayport, Brookridge, Garden Grove Estates, Hernando Beach, High Point, Hill 'n Dale, Istachatta, Lake Lindsey, Masaryktown, Nobleton, North Brooksville, North Weeki Wachee, Pine Island, Ridge Manor, Ridge Manor West, South Brooksville, Spring Lake and Weeki Wachee Gardens. In Pasco County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the City of Dade City, City of New Port Richey, City of Port Richey, City of San Antonio, Town of St. Leo and the City of Zephyrhills. The unincorporated areas the JAZ Zydenbos Keller Williams Team serves are Aripeka, Bayonet Point, Beacon Square, Blanton, Crystal Springs, Dade City North, Elfers, Holiday, Hudson, Jasmine Estates, Lacoochee, Land O' Lakes, New Port Richey East, Odessa, Saint Joseph, Shady Hills, Trinity, Wesley Chapel, Wesley Chapel South, Zephyrhills North, Zephyrhills South and Zephyrhills West. In Pinellas County The JAZ Zydenbos Keller Williams Team serves the incorporated areas of the Town of Belleair, City of Belleair Beach, City of Belleair Bluffs, Town of Belleair Shore, City of Clearwater, City of Dunedin, City of Gulfport, City of Indian Rocks Beach, Town of Indian Shores, Town of Kenneth City, City of Largo, City of Madeira Beach, Town of North Redington Beach, City of Oldsmar, City of Pinellas Park, Town of Redington Beach, Town of Redington Shores,City of Safety Harbor, City of Seminole, City of South Pasadena, City of St. Pete Beach, City of St. Petersburg, City of Tarpon Springs, and the City of Treasure Island. The unincorporated areas the JAZ Zydenbos Keller Williams Team serves are Bay Pines, East Lake, Feather Sound, Gandy, Harbor Bluffs, Palm Harbor, Ridgecrest, South Highpoint, Tierra Verde and West and East Lealman (Lealman).
Welcome

JAZ Zydenbos
KELLER WILLAMS REALTY, 2715 Forest Rd.
SPRING HILL, FL 34606
Office: (954) 354-6637
Cell: (352) 263-6385
Email: jazzsold@gmail.com
Trust. Commitment. Integrity.

JAZ Zydenbos Florida Real Estate Blog
Foreclosures and Short Sales: The Credit Score Impact

The Effect a Short Sale or Foreclosure Has on Credit Ratings


If you are among the many homeowners in Hernando County Florida seeking to avoid foreclosure you do have several options, one of which is performing a short sale. Some homeowners, depending on their equity situation, may allow their home to go into foreclosure instead of considering a short sale. One feeling is they didn't want to keep the house in the first place. By accepting a short sale, the mortgage holder can preclude a drawn out and expensive foreclosure, and the home owner is allowed to satisfy the mortgage for less than what they owe. The primary concern above all is the affect both a foreclosure and short sale will have on your credit score.

What is a Short Sale?


The basics of a short sale are very simple.
A short sale happens when the sale price of a house fall short of what the homeowner still owes on their loan. Most mortgage lenders will agree to accept the sale price of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot legitimately make the mortgage payments in full. A few words of caution are for your consideration. Not all lenders will consider a short sale. For example if your monthly payments are current, yet you foresee cash flow problems approaching that will limit your ability to make your monthly mortgage payment a short sale may not work for you. Not yet, that is. Mortgage lenders in this part of Florida hard hit with cash flow have no self interest in negotiating a short sale with your unless your payments are at least three months late.

The Credit Affects


Foreclosure

Undoubtedly sellers will incur severe damage on their credit report by going through foreclosure. Your credit score will take plunge between 200 to 300 points.

Short Sale


Short sales have a far less impact on a homeowner's credit score. Credit reports typically lose less than 80 to 100 points. What happens to your credit in the future? It is takes about three years after a foreclosure before a mortgage company will offer a sane interest rate, whereas a homeowner who went through a short sale typically waits about 18 months to buy another home at a fair APR.

Protecting your credit rating should always be the primary motive when making the choice between a short sale and allowing foreclosure. The savings in interest alone should be moving enough for most folks, not to mention your rebound in buying power in the near future.

This is JAZ Zydenbos saying Happy Trails to you until we meet again.


Call me for support and free consultation: 352 263 6385

Jaz Zydenbos, Tropic Shores Realty.
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