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Thursday, February 12, 2009

Short Sales in Brevard County, Florida

Just a quick summary of the short sale and bank owned/REO properties in Brevard County, Florida. Short sales are properties for sales where the selling price will be less than the mortgage owed and will therefore require third party (lender) approval. Whether buyer or seller, if a short sale is involved, patience and flexibility is necessary.

As of today there are 1,232 properties listed for sale in the Brevard County Multiple Listing Service (MLS) that are shown as short sales. These include single family homes as well as condos and townhouses.

Specific short sale inventory for a few key areas include:

A quick search of bank owned/REO properties shows 446 countywide with 43 in the Viera/Rockledge/Suntree areas. These are properties that have already gone through the foreclosure process.

[Generally short sale properties are in better condition than foreclosures as the seller wants the property sold for the best price.]
If you are interested in receiving information on short sales in Brevard County, please let me know. Likewise, if you are looking at selling and it looks like a potential short sale, please call me.

Gary Waters, Century 21 Baytree Realty, Rockledge Florida, 321-693-3850, email

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