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

$4,995,000

7340 Pine Needle Road, SARASOTA

4 Beds 4 Baths 3,780 SqFt Residential MLS® # A4674568

New

$4,450,000

20 Dorado Beach East, DORADO

4 Beds 4 Baths 4,200 SqFt Residential MLS® # PR9117794

New

$4,450,000

111 Golden Gate Point 602, SARASOTA

4 Beds 6 Baths 3,527 SqFt Residential MLS® # A4674587

New

$3,950,000

3657 Tropicaire Boulevard, NORTH PORT

6 Beds 7 Baths 8,541 SqFt Residential MLS® # N6141703

New

$3,799,999

211 Poinciana Lane, LARGO

5 Beds 4 Baths 4,190 SqFt Residential MLS® # TB8447033

New

$3,195,000

505 S Bay Boulevard, ANNA MARIA

5 Beds 5 Baths 3,202 SqFt Residential MLS® # TB8453019

New

$3,000,000

1450 Bern Creek Loop, SARASOTA

6 Beds 6 Baths 6,232 SqFt Residential MLS® # A4674492

New

$3,000,000

110 Spring Avenue, ANNA MARIA

5 Beds 5 Baths 2,925 SqFt Residential MLS® # A4673879

New

$2,899,000

4387 Harborpointe Drive, PORT RICHEY

4 Beds 4 Baths 3,336 SqFt Residential MLS® # TB8451580

New

$2,800,000

330 Leeward Island, CLEARWATER BEACH

4 Beds 3 Baths 2,749 SqFt Residential MLS® # TB8451016

New

$2,799,000

2177 Sunnyside Place, SARASOTA

4 Beds 6 Baths 4,624 SqFt Residential MLS® # A4674289

New

$2,695,000

16480 Redington Drive, REDINGTON BEACH

4 Beds 5 Baths 3,768 SqFt Residential MLS® # TB8454521

New

$2,688,750

1876 Magnolia Street, SARASOTA

4 Beds 4 Baths 3,292 SqFt Residential MLS® # A4674004

New

$2,650,000

3027 W Asbury Place, TAMPA

5 Beds 5 Baths 5,072 SqFt Residential MLS® # TB8449399

New

$2,595,000

209 Kentucky Blue Circle, APOPKA

6 Beds 5 Baths 6,024 SqFt Residential MLS® # O6358949

New

$2,500,000

664 S Lake Starr Boulevard, LAKE WALES

4 Beds 4 Baths 4,545 SqFt Residential MLS® # P4937197

New

$2,495,000

1155 N Gulfstream Avenue 802, SARASOTA

3 Beds 3 Baths 2,040 SqFt Residential MLS® # A4674218

New

$2,250,000

176 4th Avenue Ne 1002, ST PETERSBURG

3 Beds 3 Baths 2,120 SqFt Residential MLS® # TB8454387

New

$2,050,000

10303 Thompson Place, CLERMONT

4 Beds 4 Baths 2,941 SqFt Residential MLS® # G5105280

New

$2,000,000

7824 Nw 167th Court, MORRISTON

3 Beds 4 Baths 2,736 SqFt Residential MLS® # OM714693

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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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