Short Sales are when an owner sells their home than less than what is owed on the property. In this situation, the final approval rests with the mortgage company who holds the note. Short sales can be a very long, difficult and frustrating process. Buyers can wait months to receive a rejection to their offer or discover unexpected costs they must pay in order to close on the home. This process has only become more difficult recently and we no longer recommend Short Sales as a viable path to purchase a home and suggest foreclosed homes as a quicker and financially feasible opportunity to purchase a home at what could be less than market value. However, if you are patient and in absolutely no hurry to get into a home, a short sale could be an option for you. Below is a list of homes in Celebration currently listed as short sales.