east orlando: The Short Sale Craze — What is a short sale? - 07/08/08 03:58 AM
In order to understand the Orlando Real Estate Market, you need to know what a short sale is and how it can be a great opportunity for you. 
                                               
Definition of short sale:   A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage.  
Due to the inflated housing market of 2004 - 2006, buyers who purchased in that time frame may now owe more than their home is currently worth.    Someone looking to sell after only owning their home for a few years may not be able to sell for a high … (1 comments)

 

Erik Hansen

Alafaya, FL

More about me…

Keller Williams Advantage II Realty

Office: 407(393) 590-1163

Mobile: (321) 662-1025

This is my way of learning from this extended network of real estate professionals across the country. I would also like to offer my services of helping buyers and sellers in the Orlando, Winter Park, Lake Mary and Oviedo areas buy and sell homes, townhomes, condos and vacant land!


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