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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Bathrooms

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New

$4,650,000

684 Regatta Way, BRADENTON

5 Beds 5 Baths 4,770 SqFt Residential MLS® # TB8300413

New

$3,895,000

410 Meadow Lark Drive, SARASOTA

4 Beds 3 Baths 3,257 SqFt Residential MLS® # A4622669

New

$3,200,000

1140 Kelso Boulevard, WINDERMERE

6 Beds 6 Baths 6,003 SqFt Residential MLS® # O6239166

New

$2,300,000

350 North Julia Circle, ST PETE BEACH

4 Beds 3 Baths 2,571 SqFt Residential MLS® # TB8301358

New

$1,900,000

3809 Woodlake Drive, BONITA SPRINGS

3 Beds 3 Baths 2,941 SqFt Residential MLS® # A4621434

New

$1,850,000

555 Monserrate St 503, SAN JUAN

3 Beds 4 Baths 2,476 SqFt Residential MLS® # PR9108695

New

$1,795,000

21792 Marigot Drive, BOCA RATON

6 Beds 6 Baths 4,844 SqFt Residential MLS® # O6239530

New

$1,685,000

22 Mimosa Santa Maria, SAN JUAN

5 Beds 4 Baths 5,475 SqFt Residential MLS® # PR9108652

New

$1,650,000

8747 Crestgate Circle, ORLANDO

6 Beds 5 Baths 4,273 SqFt Residential MLS® # O6239357

New

$1,600,000

3005 Desoto Road, SARASOTA

4 Beds 4 Baths 4,342 SqFt Residential MLS® # A4622725

New

$1,500,000

9 / 10 Reparto Del Mar Norte, VEGA BAJA

5 Beds 4 Baths 2,760 SqFt Residential MLS® # PR9108705

New

$1,495,000

2605 Brucken Road, VALRICO

7 Beds 8 Baths 5,395 SqFt Residential MLS® # TB8301272

New

$1,475,000

1340 Gulf Boulevard 12a, CLEARWATER BEACH

3 Beds 3 Baths 2,125 SqFt Residential MLS® # U8255885

New

$1,449,990

19607 Whispering Fern Place, LUTZ

5 Beds 5 Baths 4,576 SqFt Residential MLS® # TB8301022

New

$1,375,000

11755 5th Street E, TREASURE ISLAND

3 Beds 2 Baths 1,972 SqFt Residential MLS® # R4908294

New

$1,350,000

30931 Sunset Drive, TAVARES

4 Beds 4 Baths 2,708 SqFt Residential MLS® # O6238162

New

$1,300,000

8909 Bernini Place, SARASOTA

3 Beds 3 Baths 2,527 SqFt Residential MLS® # TB8301067

New

$1,299,000

5114 North Branch Avenue, TAMPA

4 Beds 4 Baths 3,172 SqFt Residential MLS® # TB8300837

New

$1,299,000

804 Langston Court, ORLANDO

4 Beds 4 Baths 3,135 SqFt Residential MLS® # O6238960

New

$1,249,900

223 South Riverwalk Drive, PALM COAST

5 Beds 4 Baths 3,960 SqFt Residential MLS® # GC524887

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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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