If the mortgage company has started the foreclosure process you still have time to sell your home as a short sale. In fact your mortgage company would rather short sale the property then continue to foreclosure. The foreclosure process if a very long and expensive process. It is in everyone's best interest to sell the property quickly. Most of the time the mortgage company will even pay the closing cost.
If you have any questions about the foreclosure or short sale process please contact me via the form below. If you are interested in a free list of Naples Florida foreclosure listings make sure to click the text link and sign up on my website.
Naples Real Estate Expert,
Benjamin Sovacool