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
$319,000
3
BED
2
TOTAL BATHS
1,613
SQFT
13976 Aster Avenue Wellington, FL 33414
Single Family Home For Sale
- Active

Approved Short Sale $319K Bank Will not accept anything less. Strong bones 3/2 single family home. 15 x 33 Sun room area. 2 car garage. Excellent location.

Short Sale
$315,000
3
BED
2
TOTAL BATHS
1,507
SQFT
1442 Wyndcliff Drive Wellington, FL 33414
Single Family Home For Sale
- Active

SHORT SALE IS TENTATIVELY APPROVED AT $315,000PLEASE SEND ALL OFFER AS THIS PROPERTY IS A DIAMOND IN THE ROUGH

Short Sale
$1,899,900
6
BED
7
TOTAL BATHS
6,842
SQFT
11927 Maidstone Drive Wellington, FL 33414
Single Family Home For Sale
- Active

Beautifully Renovated Estate Home on Maidstone Drive. This home is perfect for entertaining, a large living room that opens to the lushly landscaped large pool area overlooking the two fairway views of Palm Beach Polo Cypress Golf Course. The north s

Short Sale
$300,000
3
BED
2
TOTAL BATHS
1,512
SQFT
1659 Oak Berry Circle Wellington, FL 33414
Single Family Home For Sale
- Active

GREAT LOCATION AND COMMUNITY.SPACIOUS 3/2 IN EXCELLENT CONDITION. YOU WILL NOT BE DISAPPOINTED!

Short Sale
$399,900
4
BED
2
TOTAL BATHS
2,627
SQFT
3777 Moon Bay Circle Wellington, FL 33414
Single Family Home For Sale
- Active

4 bedrooms 2/1/2 Baths pool home on a lake in the beautiful community of Grand Isles / Sausolito. 24 hour manned gate.

Short Sale
$199,500
2
BED
2
TOTAL BATHS
1,318
SQFT
1155 The 12th Fairway Wellington, FL 33414
Townhouse For Sale
- Active

Ready to move-in Cul De Sac townhome on the water! Two upstairs master suites, each with own just remodeled full bathroom, balcony. Open living room and dining area, 2.5 bathrooms. Beautiful canal water view in backyard that connects to the main lake

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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Wellington Home Team | Hansen Real Estate Group Inc. is full-service real estate brokerage specializing in residential real estate. As a customer focused, quality organization, we achieve success one client at a time. Call 561-333-0446 or e-mail us today at [email protected]

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