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Short Sale - Bradford Place

$85,000

Photo of 2570 Langrove Lane SW, Vero Beach, FL, 32962.

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Address: 2570 Langrove Lane SW	City/ST: Vero Beach, FL	Zip Code: 32962
Location: Vero Beach	Property Type: Townhouse	New or Resale: Resale
Square Footage: 1698	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# 75635

Short Sale. BUYER BACKED OUT-BANK SAYS BRING CONTRACT-INDICATED PRICE AROUND $85K. Nice Upscale Town Home with desirable Lake Front location. 3/2.5 with single car garage unit featuring granite counters, 42 upper kitchen cabinets, spacious master with 2 walk in closets, and crown molding throughout. Tenant Occupied; tenant may stay for built in rental income. Good investment.

Last Updated: 10/12/2009 3:55:02 PM

Listing Agent and Office: Chris Young 772-201-2554, All Florida GMAC

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Real Estate Contracts >Contingency Sale

Sellers may be reluctant to accept an offer that is contingent on the sale of another property. However, such a sale can be structured to minimize the risks.

The seller should put a limit on the amount of time that the buyers have to accept an offer, and they should keep their home on the market during that time. They should also reserve the right to require that any contingencies be met within a short period of time, ideally 24 to 48 hours, if they get a second offer. This is called a "First Right" contingency.

Contingent sales can work well for the sellers. The buyer is not in a position to ask for concessions on price or terms and may be able to get interim financing. Each situation is different, however, so go over the terms with your real estate agent before accepting a contingent offer.

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Q	What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
A	Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age.
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David Bessette All Florida Realty Team, REALTOR�, real estate agent and broker for Port St. Lucie, Vero Beach, Ocala and Palm Coast, Florida home listings, property and land for sale - NUMBER1EXPERT

David Bessette All Florida Realty Team
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Port St. Lucie, FL 34952
772-323-2010
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