Orlando Short Sales| Central Florida Short Sales | Florida Short Sales
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Zip Codes : 32824,32825,32826,32827, 32828,32821,32818,32812,32806,32801
Your Options When Facing Foreclosure in Orlando.
Facing foreclosure can be a life altering experience and put tremendous amounts of stress on a homeowner. Families fall apart and in many cases homeowners lose their homes. We have created this site so that Central Florida homeowners have answers and options when facing foreclosure in Orlando Florida.
Read carefully and if you have questions about facing foreclosure or want to know more details in placing your property on the market as a short sale, give Wendy Morris a call.
Do nothing and you will eventually lose your house. Some lenders and banks can take up to 1 year to foreclose on a property while others can accomplish a foreclosure in 3 to 4 months.
Deed-In-Lieu of Foreclosure. A “Deed-in-Lieu” is where you give the lender back the property. This allows the lender to sell the home faster. Do not consider this option unless the lender, bank or financial institution give you something in return.
Loan Modification will reduce your monthly mortgage payment and keep you in your home. You must qualify and give the lender documentation required in order to obtain a loan modification. .
Reinstate Your loan by paying the lender all late fees, back payments and other related costs and make your loan current.
Get a New Loan if you have equity in the home. In most cases if you owe more than what the home is worth today chances are you will not be able to obtain a new loan and pay the old one off.
Rent the property unless your are already behind on your mortgage payments. Many local and state governments have written new laws forbidding homeowners to rent their property unless their loan is current.
Bankruptcy in recent years laws have changed and most bankruptcy judges want people to obtain a Chapter 13 bankruptcy rather than a Chapter 7. A Chapter 13 is a court monitored repayment plan of all of your debt while a chapter 7 allows you to get rid of the debt. Seek the advice of an attorney.
Short Sale A short sale is when you owe more than what the home is worth and choose to sell. Hire a real estate agent and remember the lender pays the agent and all the expenses in selling a short sale.
Lenders realize they will reduce their loss by selling a home in a short sale situation. If you have a Central Florida home and you are behind on your mortgage payments, please contact us and do not wait. Time is of the essence. If you have any specific questions or need help, please give me a call at 407-575 -5392. Wendy Morris is ready to help, all calls and inquiries are confidential!
Price reduced $1,500,000.00 since 6/10/11, NOW $4,000,000.00 | Short Sale - Subject to third party lender approval. 2 Story Building located in the heart of downtown Orlando -- on the corner of Robinson St and Magnolia Ave.
Short Sale"; Most Unique Penthouse in Orlando. Two floors and fully lit 4000 sq ft rooftop Terrace. Sweeping Downtown Views to the West, North and East. Spectacular Sunsets! Five tiled and lit balconies wrap around.
Price reduced $250,000.00 since 8/13/11, NOW $2,000,000.00 | Short Sale. Situated on a peninsula surrounded by three holes of the world renowned Lake Nona Golf and Country Club, this Coudriet designed custom home combines contemporary sophistication with a casual Southwestern flair.
Top Features: short sale, for sale
, Lake access, Waterview
Has a pool
, Subdivision: Lake Nona Ph 1-a Parcel 6
, Lot SQFT: 66546sqft
, Built in 1998
, Style: Spanish
Short Sale, subject to third party approval. Main building recently approved for day care center, Additional buildings on property previously used as a school, 3 buildings on 6.2 acres with access to both Lakeville Rd & Hiawassee.
Short sale.exquisite southern coastal style lakefront estate.over 1.5 acres of land,extremely private location, yet minutes to downtown or orlando international airport. this spectacular house catches the warmth of a home, yet showcases luxury, ...
Top Features: short sale, for sale
, Waterfront, Lakefront
, Lake access, Waterview, Lake - Chain of Lakes
Has a pool
, Subdivision: Piney Wood Lakes
, Lot SQFT: 39426sqft
, Built in 2004
, Style: Traditional
Price reduced $720,000.00 since 5/4/11, NOW $950,000.00 | Short sale...This 2 story commercial building is located in close proximity to I - 4 as well as other tributaries and is easily accessible. It has a very high traffic count since road frontage is about 327 ft. long from Andrus Ave. to Davisson ...
Short Sale". Absolute Luxury, the best way to describe this beautiful mediterranean on Lake Blanche of the famed Butler Chain of Lakes. Over 4300 s/f , 5 bedrooms and 5 full baths, an "Interior Designer''s Dream". Plantation shutters thro...
Top Features: short sale, for sale
, Waterview, Lake - Chain of Lakes
Has a pool
, Subdivision: North Bay Sec 4-a
, Lot SQFT: 54959sqft
, Built in 2004
, Style: Spanish
$900,000.00 ($136.00/sqft)
Orlando Single Family For Sale 5 beds, 6 baths, 1 half baths, 6596 living sqft
Price reduced $99,000.00 since 10/11/11, NOW $900,000.00 | Short sale , active with contract pending bank prev approved at $999,000. enchanting beauty, peaceful escape! begin your retreat into calmer, relaxing peace as you drive through the private winding road surrounded by 7.34 acres. .
Top Features: short sale, for sale
, Waterfront, Lakefront
, Lake access, Waterview, Lake - Chain of Lakes
Has a pool
, Subdivision: Lake Whippoorwill Ests
, Lot SQFT: 319730sqft
, Built in 2006
, Style: Custom
$889,900.00 ($198.00/sqft)
Orlando Single Family For Sale 4 beds, 4 baths, 1 half baths, 4494 living sqft
Short Sale - Luxurious lake front single family home in the exclusive Vizcaya gated community. This beautiful home has a private boat dock and lake access.
Top Features: short sale, for sale
, Waterfront, Lakefront
, Swimming pool view, Lake access, Waterview
Has a pool
, Subdivision: Vizcaya Ph 1
, Lot SQFT: 5801sqft
, Built in 2002
, Style: Traditional
$750,000.00 ($121.00/sqft)
Orlando Single Family For Sale 6 beds, 5 baths, 1 half baths, 6175 living sqft
Price reduced $70,000.00 since 7/20/11, NOW $750,000.00 | Short Sale. New Price just approved by lender.Fantastic opportunity to steal this home. Incredible value, incredible views ...this home is a must see. No other property at this price range offers as much. Owner/Broker .
Top Features: short sale, for sale
, Waterfront, Lakefront, Canalfront
, Lake access, Waterview
Has a pool
, Subdivision: Lafayette Club
, Lot SQFT: 25584sqft
, Built in 2000
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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
The source of the listing data is as follows:
My Florida Regional MLS (updated 2/5/12)