Short Sales is a not a recent selling strategy but it is one that was rarely used when Real Estate Values were increasing - In todays Real Estate Market, many sellers are faced with a problem - they owe more on their home or condo then it will sell for in the current Real Estate market.  If their lien holder agrees to accept as payment in full an amount that is less than the amount owed - the home or condo is sold as a Short Sale.

One issue that has confronted both the buyers and sellers of Short Sale Real Estate is the time involved in negotiating with the lien holders. I recently became aware of a pilot program that will speed up short sale transactions. 

Short Sale Transaction Times are about to get "Shorter"

Just read a report that Fannie Mae has launched a Pilot Program to speed up short sale transactions in Mid-florida.   Lets hope this gets expanded to Northeast Florida.  One broker in the service area sent in an offer and got a response in a few days.

Need help selling or buying a home or condo using this process.  Call James Angelo 904-881-2178 today.

As a Short Sale Specialist, call to discuss your Real Estate needs.

Example of a Condo offered for sale using Short Sale Process:

Drastic reduction: Best price in this Ponte Vedra Resort Community
Bank must approve offer
Ponte Vedra Beach Short Sale
2239 square feet - unbelievable price per square foot for this community

S Ponte Vedra Beach Florida Condo community photo album on PICASA

Ocean Grande Condo

Once in a life time opportunity to buy this Luxury Condo for sale
Dreamed about living in Ponte Vedra Beach
this wonderful condo is located in
S Ponte Vedra Beach Fl at 325 S Ocean Grande Dr, Ponte Vedra Beach S, fl 32082

Summary of Features :
Entry foyer Cathedral/Vault Ceilings with living/dining area
Gourmet Kitchen with eating space and breakfast bar
Pantry Closet with food prep island
Major appliances that convey Refrigerator with icemaker, washer and dryer, disposer, dishwasher, microwave, and range
Security system
Ample storage and closets/walk-in-closets
Wall-to-wall carpet and tile
Fireplace with mantle
DSL availability
Stucco exterior

DRASTIC reduction of this prime location resort condo-"LOCK and GO" lifestyle
3 bedrooms, 3 full spa baths , 2,239 sq feet almost new condominium home

This must be sold.

Priced $90,000 LESS than similar homes
$395,000 with bank approval

Florida Homes Realty & Mortgage LLC
James Angelo,
Broker Associate & Mortgage Broker - to buy and finance your North Florida Real Estate
(904)881-2178

visit website: http://www.locatehomesflorida.com/ ; call to view this exceptional home.


Own a home or condo and want to see "SOLD"
Want to BUY : Want to SELL YOUR HOME, CONDO, TOWNHOME, BUILDING LOTS- LAND:
CALL TODAY TO DISCUSS MY EXTENSIVE MARKETING PLAN FOR YOUR REAL ESTATE
Call James Angelo - to buy or sell North, Northeast Florida - Jacksonville
Ponte Vedra Beach, Atlantic Beach, St Augustine
Orange Park -CONDOS, HOMES, REAL ESTATE.
including short sale, foreclosed and pre foreclosure real estate
(904) 881-2178 TO List your home for sale
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