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Saturday, October 09, 2010

Are There Any For Sale By Owner (FSBO) Short Sales in Brevard County, Florida?

I read an article this morning that discussed FSBO short sales.  So it got me to thinking....are there any short sale FSBOs in the area?

Short sales require the lender to approve any offer accepted by a seller.  [In a short sale the owner is selling for less than the mortgage owed and can not receive any proceeds from the sale.]  The lender absorbs the cost of the sales process as well (real estate agent fees).

      So, why would a seller deal with the work of marketing their home - especially if it is a short sale? 

Short sales are a reality of the real estate market in Brevard County, Florida.  Further, the process can take months and having a real estate agent working for you takes a lot off your mind

Just as very few buyers are candidates for short sales, very few sellers are candidates for FSBO short sales!

For information on short sales in Brevard County, Florida, drop me an email.

Gary L. Waters PLLC, Florida licensed real estate agent, Century 21 Baytree Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region.

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