Short sales orlando

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Short sales are a significant part of the listing inventory in Orlando with nearly 3000 homes currently listed for sale indicating that they are subject to third party approval or a short sale contingency. Selling short indicates that the home owner does not have enough equity to pay off their mortgage should they sell their home at fair market value.

Home buyers view short sales in Orlando as a chance to purchase a home and receive a good deal. The time frame for closing these transaction can be lengthy. Buyers must be prepared to wait for weeks often before finding out that their offer/contract has been approved by the seller's lender.

We are closing short sale transactions weekly. Contact me if you would like to buy or sell a home in Orlando subject to a short sale contingency.


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Short sales in Orlando

Short sales in Orlando make up over 20% of the active listing inventory if recent reporting data is accurate. The recent increase in closed sales can also be traced back to the short sale and REO market as distressed sellers and lenders competitively price the home to attract buyers.

Successfully completing a short sale transaction requires patience and a complete understanding of the process. It is not unusual to find real estate agents who are unwilling to get involved with a short sale for a variety of reasons.

If you are interested in selling your home and may need to be involved with a short sale, contact me here and I will have a knowledgeable and professional agent contact you to explain and start the process.


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- Greg Staker 407-304-0255