Wellington Florida Short Sales for Sale

“Wellington Florida Short Sale” is a term that has been commonplace for the last 5-6years in Wellington, so what is it?

A Wellington FL short sale is when a seller owes more on their home than it will sell for in today’s real estate market, so they ask their lienholder(s) to accept less than what they owe them.

Unlike a bank owned home a short sale seller still owns the property, so a buyer will present and negotiate an offer with the seller, not the lienholder(s).  After the seller and buyer reach an agreement the seller will then submit the executed contract along with their short sale package for approval by the lienholder(s).  The short sale is a seller contingency, this means the contract price, terms and conditions are subject to all third-party lienholder(s) approval.

Both buyer and seller need to keep in mind that just because THEY came to terms does not mean the sellers lienholder(s) are going to accept those terms they both agreed to.  All lienholder(s) are different; some will approve a short sale with or without conditions while some may not agree to a short sale at all.

The short sale approval or denial process on a Wellington FL short sale can take several weeks or months.  Typically the more lienholder(s) the longer the process will take.

All parties involved in a Wellington FL short sale need to have patience and the seller needs to make sure to hire an experienced Wellington short sale agent who has excellent communication and negotiation skills.  Sometimes the Wellington short sale agent can mean the difference between receiving an approval or denial letter.

Search Wellington Florida Short Sales for Sale

Short Sale
$175,000
3
BED
3
TOTAL BATHS
2,619
SQFT
10170 Dover Carriage Lane Wellington, FL 33449
Single Family Home For Sale
- Active

This is a private resort style community. Country Club membership required. Enjoy the best in resort style living here in West Palm Beach, Florida. Expansive home located in Dover at Wycliffe Golf and Country Club, an exceptionally well run and gorge

Short Sale
$370,000
5
BED
2
TOTAL BATHS
2,745
SQFT
9858 Scribner Lane Wellington, FL 33414
Single Family Home For Sale
- Active

This incredible water-view home in beautiful Olympia community, has already been approved as a short sale for $370,000!Don't delay make your offer today!Easy access for showing. All sizes are Approx.

Short Sale
$599,900
5
BED
4
TOTAL BATHS
3,740
SQFT
12297 Equine Lane Wellington, FL 33414
Single Family Home For Sale
- Active

UNIQUE TASTEFUL DESIGN 5 BEDROOM 4 1/2 BATHS 2 CAR GARAGE, SOARING CEILINGS,ESTATE SIZE HOME WITH MORE THEN 3,500 SQF LIVING,WITH MANY ATTENTIONS TO UPGRADES AND CATCHING FEATURES.NEUTRAL TONES,FANTASTIC SPLIT FLOOR PLAN AND ADDITIONAL CUSTOMS WINDOW

Short Sale
$420,000
3
BED
2
TOTAL BATHS
2,129
SQFT
12604 E Buckland Court Wellington, FL 33414
Single Family Home For Sale
- Active

Beautiful pool home with an updated eat in kitchen with oak cabinets, coring countertops overlooking covered patio and pool, spacious master bedroom with a sliding door that opens out to the pool and so much more!

Short Sale
$290,000
3
BED
2
TOTAL BATHS
1,507
SQFT
1442 Wyndcliff Drive Wellington, FL 33414
Single Family Home For Sale
- Active

Short Sale
$380,000
4
BED
3
TOTAL BATHS
2,910
SQFT
1751 Corsica Drive Wellington, FL 33414
Single Family Home For Sale
- Active

Fabulous 4 bedroom, 3 bath model home with Beautiful golf views, Newer appliances, Raised kitchen cabinets, walk in pantry, screened in patio, Large master bedroom with sitting area, Master bathroom features dual sinks and spa tub, Built in 1997, C

For more information about Wellington Florida Short Sales visit: Wellington Florida Short Sale

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