Short sales are plentiful now in Orlando. Any Orlando realtor can confirm this. It seems like on every block there is a home for sale as a short sale. Like so many cities around the country, the Orlando real estate market hit the skids a few years ago, causing home prices to plummet. Fortunately, the real estate market now appears to have stabilized. However, there are still many houses that are worth less than the debt on them.
For this reason, you should be able to find a short sale in the area of Orlando that you are looking for. But be weary of the short sale process. It’s not always an easy path to follow. The short sale process can take months, with many communications going back and forth from the buyer to the seller to the bank. Banks play a major role in the short sale transaction. So, please consider working with an Orlando short sale realtor who understands this area. An Orlando short sale realtor is not just a realtor that can help you buy or sell a short sale home, but instead is a realtor who competently understands the real estate and legal complications of the short sale process.
Many realtors in Orlando claim to be short sale experts. But this is not always the case. Many of these Orlando short sale “experts” do nothing more than show you short sale homes from the MLS. That’s not sufficient. Be sure to ask questions regarding their experience with short sales to be sure that they indeed have specialized knowledge. Legal training is always a strong benefit when hiring a realtor to help you with short sales. We at YourOrlandoRealty.com have a licensed attorney and realtor available to answer any questions you may have on the short sale process. Feel free to contact us today to tell us how we can help you with your new short sale in Orlando or the Central Florida area.
