Foreclosures in Winter Garden FL, short sales in Winter Garden FL and all bank owned homes that are currently listed for sale or auction will all be shown at the bottom of this page. If you do not see a home (currently there are few) than click the link below to shop all of the homes in this city.
The sellers of these homes owe more than the home is listed for sale. The difference in the selling price to the mortgage amount is called the shortage or short sale. This shortage amount will need to be approved by the bank because the seller owes more than the home will sell in this market.
This approval process with the bank can move quickly or sometimes can take between two to six months for bank approval. When the bank approves the short sale they will then issue instruction to close, usually within 30 days to 45 days.
The short sale homes are diamonds in the rough and at times offer a great opportunity for a buyer to get a great deal in this market. At times, though the homes are being sold in as is condition and the buyer will be responsible for all repairs in the home. Below from highest price to lowest are all of the Short Sales in Winter Garden FL.