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Tuesday, December 30, 2008

Short Sales, REO and Bank Owned Properties in Brevard County Florida

gold house As the 2008 year seems to limp away and 2009 awaits us, I wanted to highlight a few posts that I have made over the past year pertaining to short sales, REO and Bank Owned properties in Brevard County Florida. The links below will provide access to these posts however I encourage you to explore this blog,, for other posts which may be of interest. A quick summary of these terms:

  • Short Sale. A sale where the probable sales price and proceeds are less than the mortgage owed. These sales are time consuming (for buyers and sellers) and require third party (lender) approval.

  • REO. This is just an acronym for Real Estate Owned (read that as owned by the lender. These are properties that have already been foreclosed.

  • Bank Owned Properties. The same as REO...already owned by the bank!

Brevard County Short Sale Market

Short Sales in Viera and Suntree Florida

Sellers - You must compete with Short Sales

The Difference between a good deal and a great deal..

REO, Short Sale or Fair Market...What is it?Don't Price yourself into foreclosure!

Pricing a Short Sale from a buyer's perspective...

If you are in the market as a buyer or seller in Viera, Suntree, Rockledge or Cocoa Florida, please give me a chance to be your real estate agent. I can be reached at 321-693-3850 or email me at Also, please take a look at my other blog here.

Gary Waters, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida.

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