Thousands of homes are being offered for sale at prices less than owed on the home throughout Central Florida

One reason home sales are on the rise throughout Central Florida is because of the number of homes being sold subject to a short sale. A short sale transaction is one in which the home is being offered for sale at a price less than what the owner owes on the home.

In Orange County alone there are over 3,000 homes listed for sale as a short sale. In Orlando, the largest city in Orange County, there are over 2500. Short sale listings are not just on the low end, with the highest priced short sale listed for sale in Orlando priced at over 2 million dollars.

In addition to the homes actively listed for sale in Orange County there are also 4,000 homes under contract or pended as a short sale. The short sale process from offer to lender approval can be quite lengthy which would explain the large number of short sales showing as pending.

Short sales that have closed this year according to MLS stats in Orange County are reported as just under 1,000. As of today, April 3, 980 properties subject to a short sale have closed.

For buyers who have time to wait, making an offer on a short sale may mean they will purchase house they desire at an affordable price. Of course if a buyer is in a hurry then a home subject to a short sale may not be for them. Give me a call to discuss your personal situation and to receive information about short sale homes in your area.


Related Florida real estate blog posts dealing with short sales

Property Appraiser Orlando

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The Orange County/Orlando property appraiser in Bill Donegan. You can visit the Orlando property appraiser's website here.

The address of the property appraiser is:

Orange County Property Appraiser
200 S. Orange Ave. Suite 1700
Orlando, Florida 32801

Customer service phone number is 407-836-5044.

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Take part in the spring cleaning of your neighborhood

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Orange County Neighborhood Services is inviting Orange County residents to join together in maintaining and cleaning their neighborhood.

By joining the 2009 Neighborhood Spring Clean Up your neighborhood group will receive items to assist you with organizing your community effort including; an easy to follow guide, help with organizing the clean up, trash bags and gloves.

Register on line for the February 26 2009 Spring Clean Up Kick Off Meeting, or call Ada I. Tirado at (407) 836-0918 to register by phone.


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FREE rabies vaccine - Orlando Orange County

Orange County Animal Services announces a Pet Amnesty Day on Saturday, November 8th from 9:00 a.m. to 12:00 p.m. at Goldenrod Park.

Date: Saturday, November 8th, 2008
Time: 9:00 am – 12:00 pm
Location: Goldenrod Park (4863 N Goldenrod Rd. Winter Park, FL 32792)

For more information about this event, please call (407) 836-3111 or visit their website at www.ocnetpets.com


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- Greg Staker 407-304-0255

Need a job? Upcoming job fair in Orlando.

Workforce Central Florida will be presenting a job fair on July 30th from 12:30-4 p.m.

For those looking for work, this job fair will give you an opportunity to meet with area employers who have job openings.

The job fair will be held at 5166 E. Colonial Drive in Orlando.


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View the complete press release

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- Greg Staker Watson Realty Corp. 407-304-0255

Central Florida school system information

Here is a list of the Central Florida school system websites. Please visit these sites to locate a school or to obtain information on schools in your area or the area you are moving to.

• Orange County Schools - website
• Osceola County Schools - website
• Seminole County Schools - website
• Volusia County Schools - website

You can also find additional information about Florida schools by visiting the Department of Education.