LOOKING FOR A SHORT SALE IN THE SARASOTA AREA? My site is updated daily with all the new distressed properties from the Sarasota/Manatee MLS.
PURCHASING A SHORT SALE VS. A NORMAL HOME…Most buyers have heard the term short sale before, but don’t know exactly what it means. So what is a short sale?
What is a SHORT SALE?……A SHORT SALE is when the homeowner owes more on the home than what the home’s current market value is. A SHORT SALE process will help a homeowner avoid foreclosure, which is very expensive for the bank and will have the most dire effect on the credit report for the homeowner. The idea is for the homeowner to find a buyer for their home so they can avoid the foreclosure. The bank may decide that it is in their best interest to grant a SHORT SALE rather than foreclosing on the home. Don’t forget the bank still has to approve the SHORT SALE. You as a homeowner have to prove a true hardship to be able to be approved for a SHORT SALE from your lender. You cannot just simply stop paying your mortgage and sell your house short.
Please keep in mind the time frame is different when it comes to a short sale vs. a regular sale. With a regular sale certain things are completed in a specific time frame and you will be able to close and move in on a specific date. With a short sale property there are many question marks involved which affects when you will be closing and moving into your home.
If you are interested in the process of a short sale and would like to talk about the specifics in more detail please feel free to contact me.
Manatee County Short Sale Homes for Sale
Showing properties
1 - 5 of 498.
See more Short Sale Homes for Sale in Manatee County.
(all data current as of
2/22/2012)
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$425,000 : 129 52nd St, Holmes Beach4 beds, 2 full baths
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$100,000 : 7203 51st E Ter, Palmetto3 beds, 2 full baths
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$85,000 : 5820 Wauchula Rd, Myakka City2 beds, 2 full baths
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$73,000 : 7114 12th E Ct, Sarasota3 beds, 2 full baths
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$435,000 : 9808 Sweetwater Ave, Bradenton4 beds, 3 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Sarasota County Short Sale Homes for Sale
Showing properties
1 - 5 of 383.
See more Short Sale Homes for Sale in Sarasota County.
(all data current as of
2/22/2012)
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$125,000 : MLS # N5775812 in Nokomis3 beds, 2 full baths
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$99,000 : 4111 Bell Ave, Sarasota3 beds, 2 full baths
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$85,000 : 5820 Wauchula Rd, Myakka City2 beds, 2 full baths
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$74,900 : 2025 4th St, Sarasota3 beds, 2 full baths
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$759,000 : 7508 Weeping Willow Dr, Sarasota5 beds, 4 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Copyright © 2012 Mid Florida MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Mid Florida MLS. Real estate listings held by brokerage firms other than Keller Williams Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2/22/12 4:02 PM PST.