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Home Selling in 32801 : Real Estate Advice

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Activity 2
Thu Sep 29, 2016
Mark LeMenager answered:
Definitely contact a real estate attorney. If no one has challenged here use for almost 50 years it may already be hers by adverse possession.
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Wed Sep 9, 2009
Mark LeMenager answered:
Hi Chris,

It's fairly easy to use the MLS database to answer your question. I keep track of data like this and post it on my website regularly.

Let's consider Orange, Osceola, and Seminole the metro area. Here's what the MLS shows:

There have been 13,715 short sale listings this year.
5,399 (39%) are still active.
2,726 (20%) have expired or been taken off the market.
4,501 (33%) have an offer that is pending (and many if not most will fail).
1,089 (8%) have actually closed.

It a completely different story for bank owneds, where 64% of what's been listed this year has already closed (7,568 out of 11,984).

If you're trying to decide where to put your personal efforts, it's a pretty easy answer.

Hope this answers you question.

Mark LeMenager
Weichert, Realtors - Hallmark Properties
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