Sarasota Short Sale Homes – Sarasota Fl. Real Estate
Sarasota short sales occur when the owner of a property attempts to sell for less than the amount due to their lender. The seller hopes that the bank will accept a lower payoff than the mortgage balance versus the alternative of a bank possibly having to initiate a costly foreclosure in the event the seller stops paying the mortgage altogether.
Sarasota short sales are very common due to the market depreciation which occurred from 2005 through 2010. Sarasota short sales are abundant, and can offer the buyer an alternative to bank owned foreclosures. There will be typically less competition for a short sale property as compared to a Sarasota bank foreclosure properties, however there is a reason. Short sales are typically lengthy, often times talking several months for a bank to respond to the buyer/seller sales contract. Since the bank must sign off for a lower payoff, the sale between the buyer and seller can not take place until the bank approves the sales price.
For this reason, if a buyer has any type of time constraint for a purchase, I recommend avoiding short sales and focusing on Bank foreclosures or sellers who are not selling in a distressed position.
Current Sarasota Short Sale Homes For Sale
$219,000 : 706 MCARTHUR AVE, SARASOTA3 beds, 2 bathsHome size: 1,716 sq ftLot size: 10,890 sqftYear built: 1983Days on market: 10
$990,000 : 7413 HADDINGTON CV, LAKEWOOD RANCH4 beds, 3 bathsHome size: 3,326 sq ftLot size: 10,454 sqftYear built: 2013Days on market: 22
$149,000 : 2020 FLORINDA ST, SARASOTA2 beds, 2 bathsHome size: 1,194 sq ftLot size: 6,534 sqftYear built: 1954Days on market: 30
$255,000 : 4923 80TH AVENUE CIR E, SARASOTA4 beds, 3 bathsHome size: 1,440 sq ftLot size: 9,583 sqftYear built: 1986Days on market: 57
$389,900 : 6660 PEBBLE BEACH WAY, LAKEWOOD RANCH3 beds, 3 bathsHome size: 2,269 sq ftLot size: 11,325 sqftYear built: 2001Days on market: 63
$259,000 : 6921 MAUNA LOA BLVD, SARASOTA3 beds, 2 bathsHome size: 1,807 sq ftLot size: 9,147 sqftYear built: 1999Days on market: 64
$219,000 : 3121 LOCKWOOD LAKE CIR, SARASOTA3 beds, 2 bathsHome size: 1,120 sq ftLot size: 10,018 sqftYear built: 1983Days on market: 64
$205,000 : 7317 ARCTURAS DR, SARASOTA3 beds, 2 bathsHome size: 1,366 sq ftLot size: 11,325 sqftYear built: 1983Days on market: 78
$189,000 : 4548 FOREST WOOD TRL #27, SARASOTA3 beds, 2 bathsHome size: 2,004 sq ftLot size: 2,178 sqftYear built: 1981Days on market: 107
$285,150 : 2341 GROVE ST, SARASOTA3 beds, 2 bathsHome size: 1,444 sq ftLot size: 8,712 sqftYear built: 1959Days on market: 159
$949,500 : 7250 CHAMELEON WAY, SARASOTA4 beds, 5 bathsHome size: 5,264 sq ftLot size: 7.00 acYear built: 1983Days on market: 241
$269,900 : 6157 41ST ST E, BRADENTON3 beds, 2 bathsHome size: 2,009 sq ftLot size: 10,454 sqftYear built: 2005Days on market: 268
$775,000 : 6322 LAGUNA DR, LONGBOAT KEY4 beds, 3 bathsHome size: 2,736 sq ftYear built: 2001Days on market: 369
$6,900,000 : 4011 SHELL RD, SARASOTA5 beds, 9 bathsHome size: 9,202 sq ftLot size: 35,283 sqftYear built: 2007Days on market: 1,033
See all Short Sale Homes In Sarasota.
(all data current as of 6/23/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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