Short Sale Homes in Palm Beach Gardens Florida
A short sale home is different than foreclosure. Foreclosure is when the previous owner has simply walked away from the home without communicating with their lender. These homes typically take months for the eviction process and eventually go into foreclosure and then an auction. Auction homes are far below market value and usually far below short sale value as well by you may be getting more than you bargained for on a foreclosure.
On the other hand, a short sale property is one in which the current homeowner has contacted the lender stating their inability to make the mortgage payment. This is usually due to some sort of hardship. The banks have approved the short sale and will allow the owner to sell the property for less than they owe on the home. This is also a good deal in that you can usually get a home for less than market value that is still in great condition.
Many times the owners still live in the property during the short sale process taking care of it as they go. A short sale is a great opportunity for investors, first-time homeowners and move-up repeat buyers. You can usually get a great deal on a home that's well put together. However, short sales do typically take longer to close because you're dealing with many parties including the banks and the lenders.
You also should have a professional inspection if you're considering buying a short sale. We always recommend our clients have a professional inspection because this is one of the biggest investments you'll ever make and you need to know all you can about it.
Of the publishing and there are currently 33 short sale properties for sale in Palm Beach Gardens Florida. These homes are priced from $124,900-$1,999,000. The median short sale price in Palm Beach Gardens is around $400,000 and there are several homes that are in gated communities, country club communities and single-family neighborhoods. From condominiums to homes, estates to villas, short sales are all over the board.
If you're looking for a short sale home in Palm Beach Gardens get me a call today to browse all the current listings here on my website for free.
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- by Jason P. on Jun 10, 2016 Mr. Blair was punctual and professional and very patient and knowledgeable. In the process of trying to find a condo for my elderly parents, Mr. Blair narrowed down our search to some really great properties. He is very affable and really knows the market. I would recommend him without reservation. - by Francine T. on May 14, 2016 Todd Blair handled all my questions and concerns promptly and with expert advice Very Good Service. No Hesitation In Recommending.- by Bill H. on Oct 14, 2015 Todd touched base with me when I googled my way onto his webpage. He has been very conscientious in compiling listings of interest for us. I look forward to working more with him during my upcoming trip to Florida. - by F R. on Sep 05, 2015 Todd was very easy to work with, found me just the right thing i was looking for..fast and efficient..the best!!- by Jessica G. on Jun 20, 2016 There Is The Rest...and Then There Is The Best-Palm Beach Coastal Realty! We had been trying to find a broker to list our property with for several months. After several discouraging meetings with potential brokers we started to feel overwhelmed by the whole process, and almost put off listing altogether. Then we met Todd . It was such a relief to meet Todd and his team as they took the stress out of selling our home. We met, I explained to him what I wanted and he took care of the rest...what more could you ask for? Bottom line is that I know the frustration in finding the right broker to sell your valuable property, and that is the only reason I have taken the time to write this review as I never write reviews. Skip the hassle and go with Todd and Palm Beach Coastal Realty...you will be glad you did.