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Short Sales in Orlando Florida Series - Lesson 1 - Definition

There is a lot of information and misinformation about what a short sale really is or is not.  The definition is very simple.  The homeowner owes more than what the property is worth in the present market.  The homeowner negotiates with their lender to sell the property less than what is owed.  If the lender agrees then you have a short sale. 

Although the definition is very simple, the process and results are quite complex.  Complex in terms of time, guidelines, negotiations, paperwork, parties involved, closing, patience, and emotions.  Within the Short Sales in Orlando Florida Series you will discover and understand these complexities so you are better educated in order to make an informed decision.

The next lesson we will describe the short sale process and go into more depth on future lessons.


We Buy Houses in and around these surrounding locations of Orlando Florida

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