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Wellington FL Short Sales Vs.Traditional Sales
Statistics for Single Family Home Sales: August 2009
short sales vs traditional sales in wellington fl
Statistics based off Regional MLS on November 19, 2009.
Information deemed reliable, but not guaranteed.
A total of 79 Single Family Homes sold in Wellington FL for the month of August 2009. Traditional Sales made up 58% of the sales, while Short Sales made up 29%13% of the home sales were Bank Owned properties.

Traditional Sale: The owner/seller has enough equity in their home to sell it without needing to do a short sale. However there are some owner/seller's who do not have enough equity, but choose to bring money to closing to make up the difference.

Short Sale: When the owner/seller owes more than the home will sell for in today's real estate market and their lender has agreed to accept less than what is owed.

Bank Owned: When the lender, typically a bank, owns the property.


Michelle Gibson REALTOR®
HANSEN REAL ESTATE GROUP INC.
561.333.0446


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Michelle Gibson REALTOR® Wellington Florida Homes for Sale

Wellington, FL

More about me…

Hansen Real Estate Group Inc.

Address: www.WellingtonHomeTeam.com

Office Phone: (561) 333-0446

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