I just received a letter stating that the only option they would offer me is a short-sale and that I was not eligible for a forbearance since I indicated I was interested in selling the home. 

Let’s explore the trends, the triumphs, and the incredible opportunities waiting for you in this ever-evolving market.Single Family Homes: A Year of Growth and ProsperityApril 2024 has brought fantastic news for those interested in single-family homes in Broward County.

Repair and replace might be the most affordable option.

ThanksAs many others have said, you have multiple options!

Some examples of strategies and mortgage options that can enhance investment are:- Check with a local credit union to join.

I'm interested in exploring Out of state investments. 

With conventional rates in the 6.5-7% range on a primary home, payment shock can be offset by exploring extended amortization schedules such as 40 year or 10/30 Interest only loans.

Refi is not an option, my interest rate is 2.75%- when I spoke to a lender, the new mortg if refi'd would be $4,600+ my current mortg is $2.9k3.

A halfway option is to pay a lot upfront and borrow the rest.

The expanded inventory offers more options for buyers and a healthier market overall.Actionable InsightsFor Buyers: Now is a great time to explore the market with the increased inventory.