Irene Medina - The Medina Group Closes Another Short Sale - Mirror Lake Estates, Plantation FL 33313

Plantation, FL, July 31, 2014 --(PR.com)-- Irene Medina, PA CRS, CEO of The Medina Real Estate Group, has sold an Approved short sale in the Community of Mirror Lake Estates, Plantation, FL 33313. The home was originally listed by an Investment group that promised they were Short Sale Experts and would get the job done. In reality they were whole sale flippers. When the bank would not approve their price, their cash offer was pulled and the sellers were left at the mercy of a sale date for foreclosure and to find a new buyer. The Medina Real Estate Group was hired by the sellers to represent them in the short sale. They had multiple offers and were was able to negotiate a cash offer with a serious investor within 4 days of listing the property. Property was in need of extensive updating and repairs reason why they needed a cash offer. The Medina Real Estate Group received a new short sale approval in 35 days and closed in 14 days after short sale approval.

Irene Medina, of The Medina Real Estate Group, CDPE – Certified Distressed Property Expert, says, “If you are still underwater in your mortgage and need to short sale your property, please, please beware of investment clubs that promise to connect your with short sale expert investors that can save you from foreclosure.” She continues, “make sure you research them extensively. They are out for their own financial gain at your expense.”

This Plantation, FL short sale was built in 1968. It is a 4-bedroom, 2-bathroom, 2 car garage pool home on a large corner lot. It is a FNMA approved short sale at list price. This home is perfect for someone looking for the perfect fixer upper to turn into their dream home. It has great tile floors and laminate flooring. The bathrooms have been updated. There’s crown molding throughout the main living area. It needs a new roof, but this home has awesome potential.

A Plantation, FL 33313, Short Sale is a sale of a property when the bank agrees to accept less than what is owed in order to release the lien. The sellers received full waiver of the deficiency. For more information on short sales please call us, The Medina Real Estate Group at 954-439-4851.

Property sold for short sale approved price of $215,000.00 and is located in Mirror Lake Estates, Plantation, FL 33313. It was a cash purchase by an investor.

The short sale is located in Mirror Lake Estates, Plantation, FL 33313. The number of active listings in Mirror Lake Estates, Plantation, Fl, 33313 increased by 12.2% from the previous month. The median number of days active properties have been listed is 71. The number of sales in May dropped by 87.5%from the previous month.

The percent of owner occupied properties in Mirror Lakes Estates, Plantation, FL 33313 is 20.41%below the national average. The percent of rental properties in Mirror Lake Estates, Plantation, FL 33313 is 23.44% above the national average which is typical for urban areas.

The Mirror Lake Estate, Plantation, FL short sale is located in zip code 33313. There are 343 active listings in Plantation, FL. These Plantation, FL homes in 33313 tend to be on the market for 71 days. 29.7% of homes in 33313 are Plantation, FL short sale homes or foreclosures.

The sellers were extremely happy with Irene and her team. The sellers had this great recommendation to say about Irene Medina of The Medina Group:

“Irene is no joke! When my wife and I were trying to short sale our home, we used the services of a 'short sale specialist'. Long story short, it was a failure. Irene stepped in and took care of the situation! She is very caring and professional. We just closed this week, and my wife and I can finally move on. I would recommend Irene to anyone who is looking for a dedicated, hardworking, and honest realtor!

"Thanks Irene!" Chris and Monica – Plantation FL

Irene Medina and The Medina Real Estate Group have vast experience in marketing of properties extensively worldwide via the internet. They sell their listings in record time and for top dollar and sometimes for above market and appraised value.