What is a Short Sale?

The world of real estate in Highlands County is ever changing and never seems to remain constant for more than a brief period. Just a few years ago few agents or homeownwers even knew what a short shale was. Today, the real estate landscape in Avon Park, Sebring and Lake Placid has changed dramatically and the time has come to bring in the certified professionals.

In a short sale transaction, the sale of a property nets less than what the owner's mortgage pay off is. The seller's lender is being asked to accept less than the loan balance as a pay-off. This, in a nutshell, is a short sale.

A short sale is not a Do-It-Yourself project. You will need a professional that can navigate the process of selling your home. In fact, most lenders will require that your home be listed in the MLS in order to do a short sale and therefore require you to work with a Realtor. So, why not work with a short sale certified Realtor to begin with?

Darrin and Andrea Mills specialize in Short Sales in Avon Park, Sebring and Lake Placid in conjunction with Mary Arnold, a licensed closing agent and paralegal.

If you believe your property might turn out to be a short sale, we have exentsive information available for you at www.sellmysebringhome.com - just browse through the short sale section.

If you are interested in buying a short sale, we have extensive information for short sale buyers as well, available from www.findmysebringhome.com