Buying a Wellington Short Sale: Short Sales are NOT Short

Buying a Wellington Short Sale can be a very daunting and confusing process, especially if you are not working with an experienced Wellington Short Sale Agent who can guide you through the process.  This is the third in a series of post, which will serve to educate Wellington home buyers about the often misunderstood process called a short sale:

Buying a Wellington short sale part 3Buying a Wellington Short Sale: Short Sales are NOT Short

Wellington home buyers often assume the word “short” in SHORT SALE refers to the time frame it will take to receive short sale approval.  Unfortunately “short” in SHORT SALE does not stand for the time frame, it stands for the short fall, which is what the sellers lienholder will be taking.

The actual time frame it takes to receive short sale approval will vary, some short sales may be approved within 30 days while others may take weeks, months and in some cases over a year.  While hundreds of short sales are approved every month some short sales will not be approved for numerous reasons, including the short sale seller not agreeing to the short sale approval terms.

If you are interested in purchasing a Wellington short sale and need an experienced short sale agent contact me today!

Part 1:  What is a Short Sale?
Part 2: Short Sale Negotiations

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Buying a Wellington Short Sale: Short Sales are NOT Short
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Wellington Florida Short Sales | The word "Short" in "Short Sale" does not refer to the time frame! Call 561-333-0446 for help purchasing a short sale.
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2 thoughts on “Buying a Wellington Short Sale: Short Sales are NOT Short”

  1. Hi Michelle – this is an excellent post and reminder about the time frames with short sales. It is always best to prepare the buyers!! Great job, and you are definitely the expert with short sales in Wellington, Fl.

  2. I noticed you said you were able to get some approvals in as little as 30 days. You must be a skilled negotiator. I see most on average around 3 or 4 months. Great post, its an awesome reminder.

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Michelle Gibson Wellington Florida REALTORMichelle Gibson of the Hansen Real Estate Group Inc is a full-time REALTOR who has been specializing in Wellington Florida real estate since 2001. This veteran to the real estate industry has expertise in technology, marketing and social media.

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