Central Florida Short Sales

A short sale can be a tremendous opportunity for a buyer who stands to be able to purchase the home for a great value. Often times short sales are offered at a discount to comparable homes that are not short sale transactions.

What is a Short Sale?

A short sale is when a bank agrees to allow a homeowner to sell a home for less than the total amount the homeowner owes the bank on any loans where the home has been used as security, and accept that reduced amount as a payoff on the mortgage loan or loans. It commonly occurs when a home no longer has a market value equal to the outstanding loan or loans and the owners are at risk of defaulting on the mortgage loan or loans. Often it is the best solution for homeowners and lenders when a property's value is "underwater" because it prevents the need for foreclosure upon default of the mortgage loan. The homeowner wants to avoid foreclosure because the short sale is not as damaging to his or her credit history and the bank wants to avoid the legal fees associated with foreclosing on property.

So why don't all buyers purchase short sales? The drawback to a short sale for a purchaser is that the bank must approve the contract between the homeowner and the buyer, and unfortunately that can take time, you can expect a typical short sale to take 60-90 days from contract to close (a conventional sale usually closes in about 30 days) and there is no guarantee the bank will approve the terms of the contract, in which case it will not close at all and the buyer is back to square one.

IMPORTANT NOTICE:

Realty Executives is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our services, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.

Today's Fresh Orlando Area Short Sale Listings

• All Listings
• Under $100,000
• $100,000 - $200,000
• $200,000 - $300,000
• $300,000 - $400,000
• $400,000 - $500,000
• $500,000 - $600,000
• $600,000 - $700,000
• $700,000 - $800,000
• $800,000 - $900,000
• $900,000 - $1,000,000
• Over $1,000,000

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New

$7,995,000

1906 Carolina Avenue Ne, ST PETERSBURG

5 Beds 6 Baths 5,516 SqFt Residential MLS® # TB8360265

New

$7,800,000

6 The Isles At Dorado Beach, DORADO

6 Beds 8 Baths 4,065 SqFt Residential MLS® # PR9111423

New

$4,300,000

516 Kumquat Drive, ANNA MARIA

4 Beds 3 Baths 2,802 SqFt Residential MLS® # A4644037

New

$3,450,000

640 Old Horatio Avenue, MAITLAND

5 Beds 4 Baths 4,042 SqFt Residential MLS® # O6290533

New

$3,250,000

17300 Pesce Loop, MONTVERDE

5 Beds 7 Baths 5,809 SqFt Residential MLS® # O6289801

New

$3,250,000

6030 Greatwater Drive, WINDERMERE

6 Beds 7 Baths 6,683 SqFt Residential MLS® # O6289098

New

$2,980,000

2004 Gulf Boulevard, INDIAN ROCKS BEACH

6 Beds 7 Baths 3,120 SqFt Residential MLS® # TB8362734

New

$2,900,000

587 47th Street, SARASOTA

3 Beds 4 Baths 2,939 SqFt Residential MLS® # A4644032

New

$2,650,000

409 West 2nd Avenue, WINDERMERE

5 Beds 5 Baths 4,688 SqFt Residential MLS® # O6290296

New

$2,600,000

15 Avalon Street 303, CLEARWATER BEACH

4 Beds 4 Baths 3,111 SqFt Residential MLS® # TB8360352

New

$2,590,000

17102 Medici Way, BELLA COLLINA

5 Beds 6 Baths 5,161 SqFt Residential MLS® # O6279159

New

$2,245,000

815 South Harbor Drive, BOCA GRANDE

3 Beds 3 Baths 1,910 SqFt Residential MLS® # D6141354

New

$1,995,000

813 Hudson Avenue, SARASOTA

5 Beds 5 Baths 4,004 SqFt Residential MLS® # A4644847

New

$1,890,000

708 Islebay Drive, APOLLO BEACH

5 Beds 4 Baths 4,039 SqFt Residential MLS® # TB8361326

New

$1,850,000

218 Sand Key Estates Drive, CLEARWATER BEACH

4 Beds 5 Baths 2,802 SqFt Residential MLS® # TB8362669

New

$1,850,000

215 Louella Lane, NOKOMIS

3 Beds 3 Baths 2,465 SqFt Residential MLS® # N6137706

New

$1,800,000

9137 Southern Breeze Drive, ORLANDO

5 Beds 5 Baths 3,608 SqFt Residential MLS® # O6290550

New

$1,795,000

3340 Fernlake Place, LONGWOOD

4 Beds 4 Baths 3,987 SqFt Residential MLS® # O6290676

New

$1,785,000

487 Pinellas Bayway S 6, TIERRA VERDE

4 Beds 5 Baths 3,300 SqFt Residential MLS® # TB8362687

New

$1,725,000

803 South Packwood Avenue, TAMPA

3 Beds 2 Baths 1,861 SqFt Residential MLS® # TB8361240

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So is a short sale right for you?

For Sellers who owe significantly more on their mortgage loan than the market value of the home, a short sale may be the best move. At Realty Executives we have executives who are Certified Distressed Property Experts (CDPE) this designation requires the executive to take specialized training in dealing with short sales and help you ascertain whether a short sale is a viable solution.

For Buyers a short sale can be a tremendous opportunity to purchase a home at less than market value. If you are flexible when it comes to timing, and patient, then purchasing a short sale might be for you. At Realty Executives we have executives who are Certified Distressed Property Experts (CDPE) they have specialized training in short sale transactions and can assist you if a short sale fits your needs.

Your Central Florida Short Sale Search

You can use this site to search every short sale within our area's MLS. You can use the advanced MLS search to narrow things down to exactly what you're considering.

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