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Hiring an experienced Realtor when buying a Lakeland Short Sale is essential.

I represented the buyers for a home in Carillon Lakes in Lakeland, Florida that was listed as a short sale and my buyer did not walk away – a successful short sale transaction from start to finish.

Showing Lakeland homes listed as Short Sales requires extra precaution when representing buyers.  I always tell my buyers to be patient, have a pre-approval letter from a reputable lender or proof of funds. My estimated closing date is about three to six months out.  If a potential buyer is looking for something to move in right away, a short sale may not be an option.

Before we made an offer on this Carillon Lakes home, a comparable market analysis is completed to make sure that the home is priced right.  Too often the home is priced too low enticing buyers and agents to make an offer only to find out later that the short sale will not be approved after waiting for months.

  • 4026 Whistlewood Drive, Lakeland Florida 33811 Carillon Lakes - Lakeland FL - Short Sale Just Sold
  • Sold for $149,000
  • 3 bedroom, 2 bath,
  • den,
  • lanai
  • hardwood floors,
  • low monthly homeowners association fee
  • 24/7 security guard
  • Listing Date October 2009
  • Contract Date December 2009
  • Date Closed May 2010

Interviewing the listing agent is key to find out if the seller turned in all the required documents needed to complete the short sale process. All too often, it turns out that there are still documents missing or the sellers are not cooperating, delaying the process even further.  Asking how many lenders are involved and if there is private mortgage insurance on the home. More importantly getting updates from the listing agent and keeping my clients, the buyers up-to-date on the status is a key factor having a successful short sale closed.

Buying a Lakeland short sale is not for the faint at heart and patience is required process.  Hiring an experienced real estate agent who is experienced on both sides of the transaction is basis to a successful closing.

I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact me at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland real estate landscape and all it has to offer.

By Petra Norris

Petra Norris has written 513 post in this blog.

I am foremost a mother, wife, grand-mother, arts lover, and my occupation involves helping sellers sell and help buyers help buyers buy their Lakeland FL homes. Over 15 years experience in residential real estate enjoying every minute of it even if it is difficult, such as short sales - love challenges the profession brings.

2 Responses to Just Sold – Short Sale in Carillon Lakes – Lakeland FL

  1. […] Do your research when selecting a Lakeland FL short sale agent to work with. I’m no expert, however, I have experience closing Lakeland FL short sales on both sides of the transaction as a listing agent and buyer’s agent understanding the complete process.  […]

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  2. […] as a buyer’s agent helping clients with the purchase of a Lakeland Fl short sale requires me to be proficient and knowledgable about short sales. More […]

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