Orlando Florida Real Estate Resource

Orlando Florida Short Sale Q & A

How long does a short sale take in today's Orlando Florida real estate market?
The short sale negotiation process can be quite lengthy, although things keep changing constantly.  A few months ago, it was taking anywhere from 3-4 months...sometimes even longer.  Right now, we're seeing the average timeframe to be about 30 to 45 days.  Some banks are approving short sales in as little as 3 days, while others won't even look at them until 30 days has passed.  The reason for this lengthy process is the multiple parties who have to approve the short sale.  Those with their hands in the pot include the numerous departments within the bank...many not knowing what the others are doing, the investors, the private mortgage insurers, Fannie Mae, and more.  All of these must give their approval.  It's important that as a buyer, you go into a short sale knowing that you'll have to be patient during this long process.

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Seminole County Florida Real Estate - Homes, Townhomes & Condos

Specializing in Seminole County Real Estate,
Orlando Real Estate and Orange County Real Estate in Florida

 142 Verde Way, Debary, FL 32713
MLS # O4835849

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Virtual Tour

This Riviera Bella ultimate decorator dream home sets a new benchmark for quality & regal elegance! Located just minutes from Seminole County and Orlando, this home features an amazing gourmet kitchen with gas range, built in oven, rich 42" cherry cabinets, granite counters, stainless appliances, large preparation island and more! The formal living and dining rooms were created for celebrating fine living while the kitchen, cafe dining area, family room and lanai all flow effortlessly together to form a core area for gatherings and entertaining. Escape to the luxurious 1st floor master suite w/ french doors leading to the lanai, large walk in closet, relaxing garden bath, walk in shower, dual vanity with granite counters and custom tile.

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