Can You Handle A Short Sale, Buyers?

If you’re a buyer looking for a good value and have the time and patience needed to complete a short sale purchase, consider a short sale home in east metro Orlando. These homes represent the majority of available homes on the market, so there are numerous homes to choose from.

- single family under $200,000
- single family over $200,000
- townhouse

The majority of sales today are short sales. These homes were purchased by some hearty souls who chose to weather the ups and downs, the delays and the uncertainty of a short sale home - and they walked away with the prize - a good home at a great value. These buyers stuck it out, remained motivated and gave the transaction the time and patience needed. In other words, they rolled the dice and won.

Bear in mind that a typical short sale home requires quite a bit of elbow grease. The average buyer just isn’t cut out for a short sale, but if you’re the kind of person who likes to take on a project, it could work. A short sale home may be just what you’re looking for - something to sink your teeth into – cleaning, painting, yard work and general repairs. I call this “sweat equity”.

Purchase price = est. monthly payment (30 year, 5.375% fixed rate)

$150,000 = $840
$175,000 = $980
$200,000 = $1,120
$225,000 = $1,260