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

$15,000,000

1297 Grand Traverse Parkway, REUNION

15 Beds 23 Baths 19,469 SqFt Residential MLS® # O6160901

New

$11,975,000

280 Golden Gate Point 400, SARASOTA

4 Beds 7 Baths 7,798 SqFt Residential MLS® # A4590069

New

$8,250,000

589 Buttonwood Bay Drive, BOCA GRANDE

3 Beds 4 Baths 3,204 SqFt Residential MLS® # D6133538

New

$5,795,000

2012 Spyglass Lane, NEW SMYRNA BEACH

5 Beds 5 Baths 4,170 SqFt Residential MLS® # O6161452

New

$5,000,000

500 Plantation Drive 202, DORADO

4 Beds 5 Baths 4,200 SqFt Residential MLS® # PR9103385

New

$4,971,979

16506 Baycross Drive, LAKEWOOD RANCH

4 Beds 5 Baths 4,816 SqFt Residential MLS® # A4591258

New

$3,400,000

550 Muirfield Loop, REUNION

11 Beds 14 Baths 8,501 SqFt Residential MLS® # A4590752

New

$3,300,000

1191 Skye Lane, PALM HARBOR

6 Beds 7 Baths 6,017 SqFt Residential MLS® # O6161559

New

$2,200,000

2519 Chantilly Avenue, WINTER PARK

4 Beds 5 Baths 3,448 SqFt Residential MLS® # O6154620

New

$2,200,000

2114 Alaqua Lakes Boulevard, LONGWOOD

5 Beds 6 Baths 5,743 SqFt Residential MLS® # O6160853

New

$2,000,000

2268 South Ocean Shore Boulevard, FLAGLER BEACH

4 Beds 5 Baths 3,772 SqFt Residential MLS® # FC296523

New

$1,890,000

181 Island Estates Parkway, PALM COAST

4 Beds 4 Baths 3,712 SqFt Residential MLS® # FC296515

New

$1,750,000

325 Osprey Point Drive, OSPREY

3 Beds 5 Baths 3,905 SqFt Residential MLS® # A4591361

New

$1,745,000

312 Calle Miramar 312-s1, SARASOTA

2 Beds 2 Baths 1,520 SqFt Residential MLS® # A4589114

New

$1,499,000

167 Marina Del Rey Court, CLEARWATER

3 Beds 4 Baths 2,250 SqFt Residential MLS® # U8222926

New

$1,475,000

19017 Ranch Club Boulevard, GROVELAND

3 Beds 4 Baths 4,225 SqFt Residential MLS® # T3489692

New

$1,400,000

8061 Ludington Circle, ORLANDO

6 Beds 5 Baths 5,121 SqFt Residential MLS® # S5094452

New

$1,385,000

2831 Deborah Drive, PUNTA GORDA

3 Beds 3 Baths 4,343 SqFt Residential MLS® # C7484535

New

$1,325,000

336 20th Avenue Ne, ST PETERSBURG

4 Beds 3 Baths 2,391 SqFt Residential MLS® # U8222929

New

$1,316,072

8581 Ivy Stark Boulevard, WESLEY CHAPEL

6 Beds 6 Baths 4,867 SqFt Residential MLS® # T3489537

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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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