Florida Focused Real Estate Sites!..

ENJOY “checking-out” these informative Florida focused real estate sites!

A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.

Short sales are different from foreclosures in that a foreclosure is forced by a lender, whereas both lender and borrower consent to a short sale. However, this consent may change at any time, and negotiations may be ongoing between the lender and borrower even while the short sale is on the market. The borrower may decide to remain and refinance their house, or become obstinate and force foreclosure. The bank may renege as well if they decide to stick with the current borrower, or if they disapprove of the sale price. Any short sale contract includes a contingency where the bank must approve the sale.

We’ve searched the World Wide Web for Florida focused real estate sites. Here, we’ll present some lesser known Internet sites that either provide information on properties in a specific Florida locale or provide resources that will help make your Florida real estate shopping experience more successful.

There are fewer than 20 Websites on this page & they’re sorted A-Z for easy navigation. As we continue to add to our listing, we’ll add pages and organize logically. These pages will only contain links to “quality” real estate related Websites, those we also visit for informational purposes.

It can be a real challenge to find small Internet sites that provide local area property specifics. Many of these “hard-to-find” sites were created out of someone’s enthusiasm for a particular locale. Like Pooler-Georgia-HOMEPAGE, they often contain little gems of information – that simply can’t be found on the major real estate “corporate” Websites.

Because the online real estate market has becoime so big, many small real estate sites don’t get high search engine rankings. This leads to large corporate sites filling the top search result pages. This doesn’t mean they provide the “best” property information or prices, but it does mean you’re forced to look through dozens of search page results to find “fresh / new” real estate Websites.

Florida Focused Real Estate Sites

• Condo Living, Panama City Beach Florida, Buy a condo-get a rebate and Our fun Travels!

Condominium Planet is a resource on all aspects of Condo Living for Buyers, Owners, Sellers and Vacationers - showcasing Panama City Florida, its beautiful beaches, and a bonus section on our exciting travels.

Website:

http://www.condominium-planet.com

• Tampa Florida Real Estate - Eric Frantz

Tampa Real Estate from The Eric Frantz Team of Peoples Choice Realty. Our office sold more in 2006 than any other Realtor office in Tampa Florida.

Website:

http://www.eric3.com

More incredible “Net” resources – coming soon!..

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By nature, all short sales will have a deficiency balance. Laws governing the right of the lender to pursue a borrower for the deficiency balance vary state to state. States considered recourse states allow the lender to pursue. Non-recourse states generally prevent this, though some allow pursuit of deficiency though set forth limits on the amount that can be pursued.

If a lender can legally pursue the deficiency and does not specifically waive its right to pursue the deficiency, the borrower is at risk for a deficiency judgment.

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If you know of other Florida focused real estate sites you’d like us to include - be sure to contact us with the URLs. We’ll continue to update our great sites categories and hyper-links in response your feedback.

Additional Florida Focused Real Estate Sites: