Short Sales and Foreclosures are an integral part of the current Florida real estate market. The information provided via the links on this page provide detailed explanations of distressed properties in the state of Florida. This includes current listings of short sales and foreclosures in our area, as well as helpful suggestions for both buyers and sellers of this kind of property. If you are unfamiliar with the differences between the terms "short sale" and "foreclosure", here is a brief explanation:

Short Sale - The owner owes more than the property is worth and is unable to continue making payments or re-finance the mortgage. Formal foreclosure proceedings may or may not have begun.

Foreclosure -The property is owned by the bank or investor group that held the mortgage. Legal action has been taken and the property has been deeded back to the bank/lender through the process of foreclosure. These properties are also termed 'REO" properties, which stands for Real Estate Owned. The properties may also be termed "Bank Owned".

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