Wellington Florida Short Sales for Sale

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
$395,000
5
BED
2
TOTAL BATHS
2,745
SQFT
9103 Dupont Place Wellington, FL 33414
Single Family Home For Sale
- Active

Beautiful home in resort style Wellington community Olympia located in an excellent school zone! Come inside and enjoy spacious living areas with tile throughout the downstairs. The inviting kitchen boasts wood cabinets, gorgeous granite countertops

Short Sale
$305,000
4
BED
3
TOTAL BATHS
2,910
SQFT
Address Withheld 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

Short Sale
$549,000
4
BED
3
TOTAL BATHS
3,286
SQFT
1521 Menorca Court Wellington, FL 33414
Single Family Home For Sale
- Active

Short-Sale. Lovely pool home located on the cul-de-sac in Wellington's gated subdivision of Lakefield West. The home boasts a large kitchen opening to the family room, split bedroom plan and a large screened pool & patio. A great family home, perf

Short Sale
$415,000
4
BED
3
TOTAL BATHS
2,325
SQFT
9826 Shepard Place Wellington, FL 33414
Single Family Home For Sale
- Active

Short Sale
$699,000
6
BED
4
TOTAL BATHS
3,963
SQFT
9341 Glidden Court Wellington, FL 33414
Single Family Home For Sale
- Active

Gorgeous 6 bedroom 4 bathroom luxury home on cul de sac with huge backyard overlooking beautiful lake views. Luxury pool and jacuzzi. Beautiful kitchen granite counter tops. Large size bedroom. One bedroom located downstairs. 3 car garage. Sought aft

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

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ABOUT

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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