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The reputation of Windermere as one of the most upscale communities in Florida has not made it immune from the economic downturn. Like most markets, Windermere Florida real estate has seen its fair share of foreclosures and prospective buyers are paying attention to foreclosure auctions as well as Windermere Florida short sale properties that are steadily emerging today.
A short sale occurs when a homeowner is unable to keep up with mortgage payments and is in danger of foreclosure. In order to avoid defaulting on the loan and having their home repossessed, owners have the option of asking their lender to consider a short sale – essentially selling the property for less than the outstanding amount on the loan. Lenders will only consider this because the initial loss they will incur may be more favorable than the ongoing costs associated with having to own and manage the property.
The advantage of a Windermere Florida short sale for the homeowner is being able to avoid a foreclosure that will be detrimental to their credit rating. Prospective buyers have a chance to purchase a Windermere Florida foreclosure property at a heavily discounted price. As with foreclosure homes, the process of a short sale can be incredibly complicated, so working with a Windermere Florida Realtor® is highly recommended.
To learn more about Windermere Florida short sale properties, consult a seasoned professional with experience in the foreclosure and short sale markets. ContactWendy Morris Realty.
Price reduced $111,000.00 since 5/21/09, NOW $39,000.00 | Short sale><windermere 1/2 acre lot minutes from disney, surrounded by million dollar homes. bring your own builder or buy and hold, priced to sell at owners loss. owner has plans for 4000 sq ft they will convey
Price reduced $20,200.00 since 5/1/11, NOW $114,800.00 | Short Sale, great Townhome Community, Great Location,Separate 2 Car Garage in the back of the property,Private fenced back yard patio area, Both Bedrooms on second floor each have their own baths, 1/2 bath on first floor
Top Features: short sale, for sale
, Pond
, Subdivision: Lakes Of Windermere Lake Reams Townhom
, Lot SQFT: 2876sqft
, Built in 2006
, Style: Townhouse
$124,900.00 ($91.00/sqft)
Windermere Condotown Home For Sale 2 beds, 2 baths, 1 half baths, 1380 living sqft
Short Sale = Opportunity! Make your move! 2 bedroom 2 bath townhome in desirable Windermere location. Ceramic tile thru-out downstairs flooring. Private courtyard plus 2 car garage. Community features pool, playground & more. Located just minutes ...
Price reduced $30,000.00 since 12/3/11, NOW $124,900.00 | Short Sale-The sale price may be insufficient to pay the total of all liens and costs of sale. The seller may not be able to bring sufficient assets to the closing to cure all deficiencies.
Short Sale - Lovely waterfront townhome with MBR on the 1st floor. Beautiful end unit, 2 car attached garage. Convenience, quality and luxury living in desirable Merrick Landing of Summerport
Price reduced $68,000.00 since 11/2/09, NOW $130,000.00 | Short Sale. Approval of seller''s lender may be required. A great opportunity for the buyer who can take advantage of this reduction from original price in excess of $400K. Many luxury floor plans available from the extensive
Price reduced $16,000.00 since 8/9/11, NOW $149,000.00 | Short Sale! Listing price may not be sufficient to pay the total of all liens and costs of sale and the sale of property at full listing price may require approval of seller''s lender(s).
"Short Sale" 3 bedroom plus loft townhome with attached 2 car garage, water view, ceramic tiles on first floor. Master bedroom downstairs with jacuzzi/jetted tub. Summerport has a lot of amenities including; community pool, tennis courts, community ...
Short sale.list price may not be sufficient to pay the total of all leins and closing costs,and sale of property at full listing price may require third party approval and such approval may be conditioned upon the gross commission being red...
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The source of the listing data is as follows:
My Florida Regional MLS (updated 2/4/12)
