Sarasota Short Sales

Below are short sales in Sarasota, Florida. This page is updated daily with photographs, descriptions, maps and virtual tours of Sarasota short sales. If we can be of assistance in the purchase of a home in Sarasota please feel free to contact us.

If you are looking for foreclosures instead of short sales visit our Sarasota foreclosure page. It is updated daily with bank owned properties in Sarasota, Florida.

Sarasota Short Sales For Sale - Updated Daily!

$1,000,000 - $1,250,000

10 Search Results Found. Showing Results 1 - 5. New Search

1032 Rainbow Ct, Bradenton, 34212

$1,250,000
5 Beds, 6 Baths, 5740 sqft.
Bradenton, Florida. Subdivision: Waterlefe Golf & River Club

MLS# M5811084, Built in 2005

Listing information courtesy of Coldwell Banker Residential Re.

View Property Details Save to Favorites Map this Location

3404 Riverview Blvd, Bradenton, 34205

$1,200,000
4 Beds, 3 Baths, 4244 sqft.
Bradenton, Florida. Subdivision: Heathers Landing Sub

MLS# M5803546, Built in 2007

Listing information courtesy of Coldwell Banker.

View Property Details Save to Favorites Map this Location

1610 Meadowood St, Sarasota, 34231

$1,200,000
4 Beds, 3 Baths, 2591 sqft.
Sarasota, Florida. Subdivision: Aqualane Ests Unit 1

MLS# A3923065, Built in 1969

Listing information courtesy of Michael Saunders & Company.

View Property Details Save to Favorites Map this Location

1920 Bayshore Dr, Englewood, 34223

$1,199,000
4 Beds, 4 Baths, 7807 sqft.
Englewood, Florida. Subdivision: Englewood Gardens Unit 5

MLS# N5767741, Built in 1978

Listing information courtesy of Michael Saunders & Company.

View Property Details Save to Favorites Map this Location

2211 6th W St, Palmetto, 34221

$1,150,000
4 Beds, 3 Baths, 3479 sqft.
Palmetto, Florida. Subdivision: Richards Add Ctd

MLS# A3920931, Built in 1999

Listing information courtesy of Prudential Palms Realty.

View Property Details Save to Favorites Map this Location

Short Sale & Foreclosures

A short sale occurs when the proceeds of a real estate sale are insufficient to cover the mortgage or balance owned on the property. In a short sale, the bank agrees to take less than what is owed to them due to an economic or financial hardship on the part of the borrower. This negotiation can take a long time to accomplish. In many cases it takes months to negotiate a short sale. Be prepared to spend a lot of time and energy in a short sale negotiation. If you need to move into a home quickly it might be best to exclude short sales from your list.

The foreclosure process is typically a bank or other secured creditor selling or repossessing a property after the owner has failed to comply with an agreement between the lender and borrower called a mortgage. In short, they stopped paying on the promissory note and the bank takes back the property. When the foreclosure proceeding is complete, the lender can dispose of the property and keep the proceeds to pay off the mortgage and any legal costs.

Use my Sarasota MLS search to find a home in Sarasota that's right for you.