Orlando Real Estate Blog | Sellers Education Library | Team Donovan | Page #639

Lindfields Reserve

8815 CRAYSON COURT, KISSIMMEE

Located at the gated Lindfields Reserve is this unique 3 Bed 3 bath home. The property features a courtyard with 2 Bed 2 bath home and also a 1 Bed 1 bath lock out. The home is fully furnished and ready for you to move in today. $119,950 (From $159,950)

 

 

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WESTBURY 

182 Fox Loop, Davenport

Ready to move in today is this fully furnished 3 bed 2 bath pool home. Located conveniently for the new Posner Park, I4 and Disney world make this a great residence or second home. See for yourself before it is too late.
Sold Price $135,000

 

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Banks making short sales tougher

NEW YORK – Oct. 12, 2009 – Banks are backing away from short sales, forcing sellers to pay extra at closing or demanding a promissory note for the amount due. One-third of borrowers owe more on their mortgages than their properties are worth, according First American CoreLogic.

When their situations were really tough, most banks preferred short sales because they were their best opportunity to get the most money back. But with an improving economy, and because the losses on many of these properties have already been written off the books, banks are increasingly reluctant to negotiate a short sale.

Today, banks demand 9.5 weeks to respond to a short-sale request compared to 4.5 weeks a year ago, according to research firm…