What is a Short Sale?

Short sales are still common in the real estate market. It’s a real estate transaction in which the bank or lender allows the homeowner to sell their home for less than their loan balance. In some cases, the sellers don’t need to pay back the difference between what they owe and the proceeds of the sale. You can be current on your payments and still do a short sale.

In the realm of real estate, short sales are a topic that often raises questions. At Florida Real Estate Properties, LLC, we believe in providing you with comprehensive information to empower your decisions.

Understanding Short Sales:

A short sale is a real estate transaction in which the homeowner, with the approval of their lender, sells their property for less than the amount owed on the mortgage. This option is typically pursued when the homeowner is facing financial distress and unable to meet their mortgage obligations.

We specialize in navigating the intricacies of short sales. Our experienced agents can guide you through every step, from gaining lender approval to negotiating with buyers. Our commitment is to provide you with the support and expertise needed to achieve the best possible outcome.

Short sales can be a lifeline for homeowners facing financial difficulties and an opportunity for buyers to secure a property at a favorable price. We’re here to help you navigate the short sale process with confidence and success. Contact us today to learn more about how we can assist you in achieving your real estate goals: 407-951-7810. We’re here to guide and help you every step of the way!