But still, as a buyer – if it is a short sale , you aren’t in control!
Basically there are three types of properties on the market in Brevard County, Florida:
- Standard (fair market) sales
- Foreclosures (Also called REO, Bank owned)
- Short sales
As for property condition, it is true you get what you pay for as here is most often a big difference in the condition of a foreclosed property and a short sale.
Not every buyer should consider a short sale purchase. If you are considering short sales please read “What makes a good short sale buyer.”
So, why is a buyer not in control of a short sale? Bank negotiations take time and I have yet to hear of a bank negotiator who put a premium on a buyer's schedule!
If you are considering buying or selling a short sale in Viera, Suntree or Rockledge, Florida call me directly at 321-693-3850 or email me.