Short Sale. Contingency. Contract Pending. Buyers Right of First Refusal.Nice home in great location. Close to I-75, beaches and outlet mall. Amenities are two pools, lighted tennis courts, fitness center, walking and biking paths. New elementary school in walking distance from home. What is a short sale? A short sale, a financially insolvent homeowner who is facing foreclosure sells his home for less than the value of his loan. The lender accepts the sale as payment in full for the loan.
