This was a short sale.
Short sales take a little longer to close than a standard sale. The property was listed in early January 2012 and was under contract in only 34 days.
List date to closing date was only 133 days – about four and half months. From contract date to closing date was still only eighty days which is actually not bad for a short sale!
Home prices in Brevard County have stabilized and even risen in some areas. Not long after I listed this home an "investor" stopped by while I was working on the sign out front. He was quick point out to me how this home would never sell for more than $85,000!
If you are considering selling your Viera or Rockledge, Florida home, please give me a call at 321-693-3850. If you prefer, email me to discuss the short sale process.
By the way, your neighbor or the investor friend is not your best source of Brevard County, Florida real estate information.