Florida short sales market report

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Florida short sales, selling the home for less than owed on the mortgage, continue to make up a large portion of the Central Florida real estate business. Home owners who find themselves upside down with their mortgage/home value and need to sell their home are finding that the short sale contingency is an available avenue.

Records indicate that nearly 10% of the total sold homes over the past 3 months in Polk, Lake, Volusia, Orange and Osceola were sold with a 3rd party approval contingency which usually indicates a short sale.

If you need to sell your home and would like to find out more about the short sale contingency, contact me for a private consultation.

Sold data Based on information from MFRMLS for the period 12-11-2008 – 03-11-2009.


Related Florida real estate views:

How can you avoid overpaying for a home in Florida?

Can a buyer using FHA financing make an offer on a short sale or foreclosure?

Orlando area short sales real estate agents

Affordable housing in the Orlando area

We have several 3 bedroom, 2 bath homes for sale in and around the Orlando area priced at or below the $235k median price as reported by the Orlando Realtor Association.

Here is a list of affordable homes for sale in the Orlando area.