Want to make a deal on a short sale?
When a lender and a homeowner agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. For more information, just contact me
through my site or e-mail me
. I'm glad to address questions you have about real estate short sales.
Can I get a bargain on a short sale?
Occasionally. Most people hear the phrase "short sale" and instinctively think of a seller that is in financial trouble and must sell their home promptly to avoid further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. More commonly, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have fallen. In these instances the reduced price may in fact be closer to actual market values, not below.
How do I buy a short sale?
When it is time to buy, whether it's a short sale or a typical home sale,
Southdale Properties, Inc. can help. Utilize my experience and knowledge of real estate to be certain you are getting a fair deal and remain protected during the whole process.