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Florida Luxury Homes For Sale /
Florida Short Sales | Daytona Beach | Ormond Beach | Port Orange | Ponce Inlet
...SEE CURRENT SHORT SALES BELOW...
Selling a home short, is the sale of your house in which the proceeds fall short of what you still owe on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when an owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes.
Deed in Lieu (also known as a deed in lieu of foreclosure)
A deed in lieu is a means of escaping an overly burdensome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.
Quitclaim Deed
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property.
For all the homeowners who are upside down and can no longer make their mortgage payment (because of either a job loss, divorce, or an option ARM which is re-casting (resetting higher), up to now the only option was, letting the bank foreclose. That's not really a good option since a foreclosure can damage your credit record for at least 10 years. But some experts are now advocating a "short sale." This is a case of a distinction with a difference: If your bank agrees to a short sale, you then can hire an agent to find a buyer for the house, you sell the house for a loss, and with the bank's blessing, they agree to eat the loss (although they could still demand the homeowner make some kind of payment or share the loss).
Many times, you'll also need to scale back your own spending. Putting expensive jewelry on your credit card will make a bank less inclined to do you any favors on the sale of your home. And be prepared that if your bank does absorb the loss, the IRS might treat that as taxable income and you'll have to come up with the cash to cover the taxes.
Of course, the better option is to find some way to stay in the house—by first, seeing if the lender is willing to restructure the loan, or forgo a couple of monthly payments to help you get back on your feet. Apparently, more and more lenders are willing to make accommodations to avoid taking the property back. Banks hate to take over homes, especially in a declining market, so you shouldn't underestimate the willingness of a bank to make concessions.
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Please contact us if you feel that you would like to sell your home quickly. We generally maintain a list of buyers who are looking for short sales. Please click here if you would like to be added to our wait list.
See more properties for sale below
| MLS #480315 | Port Orange Home for Sale - Great Price - Short Sale |
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Neat and clean. Good starter, rental or retirement second home. A/C is 2yr new. Great location, close to everything, in a good school district. One of a very few in this price range. Being sold `As is` but inspections are welcome. Owner is a lic. realtor. |
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| MLS #475186 | River Front Intra-Coastal Homes |
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Short Sale!!!!!!!!!!!! Subject to bank approval!
We are ready to submit offers at $799k. Unbelievable price for 100' of panoramic deep water river frontage. great lot depth too. Owner is beyond motivated and must sell. this home has undergone an extensive and dramatic remodel . there are possibilities for more additions to make this property perfection. already in place all of the essentials with new metal roof, new flooring, new doors, new sliders, new bathrooms. everything new is top of the line. travertine floors in living area with cathedral ceilings and skylights. the living area and master bedroom are open, light & bright across the back with beautiful views of intracoastal through the wood and glass anderson sliding doors. the kitchen is huge and open and a great place for entertaining. granite counter tops, new stainless appliances and jenn air cooktop. wine fridge too! this home is very modern and the bathrooms are gorgeous with stone and marble showers. there is potential to make another master suite on the intracoastal with just a wall. seawall, dock, and boat lift and a great location on the intracoastal with marsh views. come see this show place and fall in love. information and sizes are approximate and deemed to be accurate but not warranted. 2 bedroom, 3 bathroom, 2729 sqft
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Third party approval may be required to make all the numbers work (PRELIMINARY WORK WITH BANK HAS ALREADY BEEN DONE). OWNER SAYS MAKE IT GO AWAY IN 1 WEEK. BEST PRICE UNTI IN THIS GREAT BUILDING IN A LONG TIME. Where can you find 3 BRs at this price? 3rd BR just needs a closet or use the one close by in the hallway! There is no comparison to this building and unit in Daytona Beach Shores! Diplomat floor plan Unit has a glass railing balcony overlooking the ocean with a built in Summer Kitchen for outdoor cooking and grilling! Enter Private Master Suite through an elegant 8x9 sitting room, Master bath with Jacuzzi jetted tub, His and Hers Shower heads. Gas fireplace in the Living Room creates an incredibly upscale seaside environment, True Chefs Kitchen with gorgeous Granite Counters, Italian made Cherry finished Cabinets, Top-of-the-line Stainless Steel Appliances. Stainless decorator range hood and Kitchen Island, Kohler designer plumbing fixtures, 9'and more ceiling, 2-step crown molding, and 5 1/4 baseboards, Laundry sink, Generous recessed lighting, southern exposures on all units, 2 pets under 60 lbs. each. Zen garden and Infinity -edged pool, Owners Club, Spectacular porte cochere entrance and award-winning lobby with concierge desk. Salt water protection package for windows and slider doors. Semi-private elevator to magestic double front entry doors and exquisite 16x16 tiled foyer. This is NOT your typical beach condo!
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| MLS #449212 | Ponce Inlet Florida Oceanfront Condominiums For Sale - Short Sale |
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SHORT SALE. Seller beyond motivated and will now pay 1 yr association fees for new buyer. They are losing 125k at the closing table. This is a direct oceanfront sixth floor south east end unit. Look at them all and you will see that this is it. Stunning ocean views from almost all rooms. This unit has been completely remodeled. The new features include beautiful wood kitchen cabinets, granite countertops, new appliances, new tile floors throughout, and including new interior doors and fresh paint. This unit comes furnished. It has a large balcony that wraps around. Do not wait, these remodeled units rarely become available. Building will soon have a brand new roof. Seller will pay the assessment. 3 bedroom, 3 bath, Unit 608 |
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| MLS #468541 | Ocean Quest Condo - Short Sale |
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DIRECT OCEANFRONT IN MUCH SOUGHT AFTER BUILDING IN PONCE INLET. GREAT OCEAN VIEWS FROM MASTER SUITE AND ALL LIVING AREAS. TILE THROUGHOUT, INSIDE WASHER'DRYER AND LARGE MASTER BATH WITH DUAL VANITIES AND GARDEN TUB. OFFERED AT AN INCREDIBLE VALUE AND OWNER IS VERY MOTIVATED!! |
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| MLS #491087 | WATER FRONT ESTATE in NEW SMYRNA BEACH FOR SALE |
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Private Waterfront estate in gated community located on 75 acre freshwater lake - only 10 minutes to town and 15 minutes to beachside! Every wall in house is insulated and doors are solid core. Insulated attic area with A/C for storage. Over 6,500 sq. feet of pavers lead to a double car garage on west side and a triple on the east. This home has 5 bedrooms, 5.5 baths, 5 car garage, theatre, game, and hobby rooms and a 3rd. floor observatory. Huge balcony for watching sunsets and large windows for natural light. Upper and lower covered porches on rear of home overlook the pool area and lake. Downstairs Master is handicap friendly. “Safe room” has full bath attached. Granite countertops throughout – 4 wet bars inside and 1 by the pool. There is a formal dining room and a living room with wood burning fireplace. Both master suites offer a separate master sitting area and the Master upstairs offers a morning bar. Enjoy boating, skiing or relaxing on your own custom beach. Too many extras to list! It is a MUST SEE.
| This listing is UNDER CONTRACT
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| MLS #508166 | Port Orange Residential 2 Bedrooms / 2 Bathrooms Single Family Attached For Sale, Short Sale, Bank Owned Southern Oaks | 1123 Squirrel Nest
Port Orange, FL 32119 |
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$99,800.00
($81.00/sqft) | Port Orange Residential For Sale
2 beds, 2 baths, 1237 living sqft |
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Price increased $79,900.00 since 7/28/10 | Motivated Seller, Bring All Offers, Roof is 2 years old, A/C is 1 and a half years old, new garage door 2010, LARGE 2 BEDROOM SPLIT PLAN, 2 BATHS, 2 CAR GARAGE, WITH ONE OF THE LARGEST LOTS IN THE AREA. THIS HOME HAS A LARGE KITCHEN WITH A GREAT ...
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Top Features: for sale, short sale, bank owned , Subdivision: Southern Oaks , Lot SQFT: 1812sqft , Built in 1988 , Style: Single Family Attached
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| MLS #503346 | New Smyrna Beach Lakefront Residential 2 Bedrooms / 2 Bathrooms Condominium For Sale, Pre-foreclosure, Short Sale | 5499 Atlantic Ave #102 Unit: 102
New Smyrna Beach, FL 32169 |
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$350,000.00
($263.00/sqft) | New Smyrna Beach Residential For Sale
2 beds, 2 baths, 1332 living sqft |
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-potential pre-foreclosure - short sale contract, commission & price, subject to 3rd party approval. gorgeous direct oceanfront views from this convenient first floor condo! there is a washer and dryer hook-up in the unit for convenience. the ...
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Top Features: for sale, pre-foreclosure, short sale , Lakefront , Lot SQFT: 1479sqft , Built in 1980 , Style: Condominium , Maint Fees: $470.00
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| MLS #494590 | Deland Riverview Residential 4 Bedrooms / 3 Bathrooms Single Family Model Home, For Sale, Short Sale, New Construction | 3534 Amethyst Ct
Deland, FL 32724 |
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$329,000.00
($142.00/sqft) | Deland Residential For Sale
4 beds, 3 baths, 2321 living sqft |
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Price reduced $10,000.00 since 8/27/09 | Potential short sale!model home in lakes of deland's over 55 gated community.spanish style 2-story w/rd barrel tile roof,brick paver driveway,sidewalks and porches.elegant tiled entry foyer features massive stairway.or choose the elevator to ...
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Top Features: model home, for sale, short sale, new construction , Riverview , Lot SQFT: 2930sqft , Built in 2006 , Style: Single Family , Maint Fees: $100.00
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LISTING AGENT
Julie Wagman
386-478-9265
Bio & Listings
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| MLS #509597 | Holly Hill Multi-family 4 Bedrooms For Sale, Short Sale Mason-carswells | 337 6th Street
Holly Hill, FL 32117 |
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$179,900.00
($84.00/sqft) | Holly Hill Multi-family For Sale
4 beds, 2132 living sqft |
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Great Opportunity for investors! The property zoned as commercial use and/or residential as well. 100x150 SQ FT lot, 2 separate buildings: one is 1 bdrm/ 1 bath/ 2 car garage has kitchen, family room & Florida Room, $800 monthly income. Second ...
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Top Features: for sale, short sale , Subdivision: Mason-carswells , Lot SQFT: 2532sqft , Built in 1954
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| MLS #494574 | Deland Residential 3 Bedrooms / 2.5 Bathrooms Single Family For Sale, Short Sale, New Construction | 3516 Aquamarine Dr
Deland, FL 32724 |
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$339,000.00
($126.00/sqft) | Deland Residential For Sale
3 beds, 2 baths, 1 half baths, 2695 living sqft |
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Price reduced $10,000.00 since 8/27/09 | Potential short sale! parade of homes award winer and show stopper! this spanish style stucco w/red barrel tile roof & brick pavers is sure to please with its extraordinary views of gem lake and beyond to horseshoe lake from your 29x10 upstairs ...
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Top Features: for sale, short sale, new construction , Lot SQFT: 3225sqft , Built in 2007 , Style: Single Family , Maint Fees: $100.00
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LISTING AGENT
Julie Wagman
386-478-9265
Bio & Listings
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| MLS #507119 | Port Orange Residential 3 Bedrooms / 2.5 Bathrooms Single Family Attached For Sale, Short Sale Coquina Cove | 2011 Yellowfin Dr
Port Orange, FL 32129 |
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$119,900.00
($77.00/sqft) | Port Orange Residential For Sale
3 beds, 2 baths, 1 half baths, 1564 living sqft |
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Price reduced $10,100.00 since 7/22/10 | 5% commission to Realtors if sold in the first 60 days. Some owner finacing. This is a Beautiful end unit townhome on a cul de dac. Large wooded back yard with lots of privacy. Huge open kitchen with breakfast bar all open to over sized living ...
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Top Features: for sale, short sale , Subdivision: Coquina Cove , Lot SQFT: 2050sqft , Built in 2007 , Style: Single Family Attached , Maint Fees: $200.00
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| MLS #502553 | New Smyrna Beach Lakefront, Intracoastal Residential 3 Bedrooms / 2 Bathrooms Condominium For Sale, Foreclosure, Short Sale | 257 Minorca Beach Way Unit: 901
New Smyrna Beach, FL 32169 |
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$595,000.00
($286.00/sqft) | New Smyrna Beach Residential For Sale
3 beds, 2 baths, 2082 living sqft |
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Price reduced $80,000.00 since 3/17/10 | Pre_foreclosure - short sale contracts subject to 3rd party approval. this is the top of the world. overlook minorca with incredible views of the inlet, lighthouse, atlantic ocean and daytona with your 60 ft. wall of new hurricane regulation ...
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Top Features: for sale, foreclosure, short sale , Lakefront, Intracoastal , Lot SQFT: 2625sqft , Built in 1986 , Style: Condominium , Maint Fees: $570.00
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| MLS #508363 | Edgewater Residential 2 Bedrooms / 2 Bathrooms Single Family For Sale, Foreclosure, Short Sale Florida Shores | 3030 Pine Tree Dr
Edgewater, FL 32141 |
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$88,500.00
($66.00/sqft) | Edgewater Residential For Sale
2 beds, 2 baths, 1332 living sqft |
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Price reduced $4,000.00 since 8/3/10 | Not a foreclosure or short sale. open and well kept home. home has a high lot. partially fenced backyard (fence owned by neighbors). wet bar off the living room. oversized one car garage. pantry in the kitchen. lots of cabinets. bathroom equipped ...
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Top Features: for sale, foreclosure, short sale , Subdivision: Florida Shores , Lot SQFT: 1914sqft , Built in 1985 , Style: Single Family
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| MLS #509184 | Ponce Inlet Residential 4 Bedrooms / 2 Bathrooms Pool Single Family For Sale, Short Sale Seymour | 86 Jennifer Cir
Ponce Inlet, FL 32127 |
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$229,900.00
($100.00/sqft) | Ponce Inlet Residential For Sale
4 beds, 2 baths, 2301 living sqft |
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This gorgeous 4/3 pool home has been completely updated! BRAND NEW 4-ton A/C and handler. Brand new carpet, tile, countertops, appliances, paint, lights, outlets, fans, vents and exterior siding! 95% of this home is BRAND NEW! Pool was resurfaced ...
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Top Features: for sale, short sale Has a pool , Subdivision: Seymour , Lot SQFT: 3102sqft , Built in 1977 , Style: Single Family
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| MLS #508922 | Port Orange Residential 3 Bedrooms / 2 Bathrooms Single Family For Sale, Short Sale, Bank Owned Hamlet | 568 Hamlet Dr
Port Orange, FL 32127 |
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ROLLOVER TO VIEW 5 PHOTOS |
$146,500.00
($113.00/sqft) | Port Orange Residential For Sale
3 beds, 2 baths, 1301 living sqft |
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Price reduced $3,400.00 since 8/16/10 | Not a short sale or bank owned but a beautiful 3/2/2 pool home for under $150,000!! be proud to show this home to any buyer. home shows pride of ownership down to every detail. large solar heated pool, transferable termite bond, roof and a/c ...
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Top Features: for sale, short sale, bank owned , Subdivision: Hamlet , Lot SQFT: 1860sqft , Built in 1979 , Style: Single Family
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