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Below find recent Short Sales in East Orlando FL Short Sales for December 2009.
You may have heard that selling a house as a Short Sale is difficult. Short Sales aren’t difficult. They are tedious, time-consuming, frustrating, require a great deal of patience and enormous quantities of aspirin.
In the end, Short Sales are worth the headaches because they allow homeowners to avoid foreclosure, keep their credit from being destroyed, and move out and move on.
|
Street
|
Date Sold
|
Original List Price
|
Sold Price
|
Beds
|
Baths
|
Sq Ft
|
Pool
|
|
TRIPHAMMER
|
12/15/09
|
$185,000
|
$185,000
|
4
|
2
|
2216
|
Y
|
|
KITTY FORK
|
12/22/09
|
$195,000
|
$200,000
|
4
|
3
|
2448
|
N
|
|
BRISTOL LAKE
|
12/04/09
|
$450,000
|
$325,000
|
4
|
3
|
3864
|
Y
|
|
SAINT GEORGES HILL
|
12/17/09
|
$239,900
|
$184,000
|
4
|
3
|
2700
|
N
|
|
RIVER SONG
|
12/01/09
|
$229,000
|
$147,000
|
4
|
2
|
2000
|
N
|
|
TUDOR GROVE
|
12/16/09
|
$250,000
|
$210,000
|
4
|
2
|
2571
|
N
|
|
BRISTOL FOREST
|
12/03/09
|
$210,000
|
$190,000
|
6
|
4
|
3144
|
Y
|
|
CRYSTAL BAY
|
12/30/09
|
$180,000
|
$138,000
|
4
|
2
|
1934
|
N
|
|
OAK CHASE
|
12/03/09
|
$199,000
|
$163,522
|
4
|
2
|
1897
|
N
|
|
BLACKWATER POND
|
12/18/09
|
$300,000
|
$190,000
|
6
|
4
|
3514
|
N
|
|
BELLA COOLA
|
12/17/09
|
$385,000
|
$183,000
|
4
|
2
|
2862
|
N
|
|
KAROK
|
12/21/09
|
$197,500
|
$197,500
|
4
|
2
|
2719
|
N
|
|
BALLYSHANNON
|
12/18/09
|
$249,999
|
$215,000
|
3
|
2
|
1846
|
Y
|
Properties have been listed and sold by various MLS members.
Data drawn from the My Florida Regional Multiple Listing Service.
What’s required to do a Short Sale? Homeowners put their house up for sale in the usual manner, wait for a qualified buyer just like any other home seller would, prepare additional paperwork, work with their real estate agent to obtain lender approval, face a few extra hurdles, wait a bit longer for the closing to take place, and finally move on.
What are the benefits of selling a house as a Short Sale?
- Substantially reducing or completely eliminating financial liability
- Minimizing credit damage
- Emerging from bad credit quicker than from foreclosure
- Taking care of the problem proactively and responsibly
What should homeowners look for in their real estate agent? The real estate agent homeowners choose should —
- Be serious about the process
- Understand what banks are looking for in terms of price
- Be ready to take on 3-4 times the work a regular sale requires
- Know how to strategically price the property to attract a buyer in weeks rather than months
- Be prepared to follow up, follow up, and follow up some more
- Be able to solve unexpected problems
