Looking to purchase a short sale?
When a seller is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender agrees to release the mortgage for a sum less than what's due. If you have questions about real estate in Lake Worth, Florida, contact me here or e-mail me
Are short sales good deals?
Every now and then a good deal will come along. Often times people hear the words "short sale" and automatically think of a seller that is in financial trouble and must sell their property promptly to prevent further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. More commonly, a lender may consider a short sale even if the seller is current, but property values have fallen. In these cases the reduced price may in fact be in line with actual market values instead of below.
Are you ready to buy a short sale property?
When it's time to buy, whether it's a short sale or a typical home sale,
Southdale Properties, Inc. can help. Apply my experience and knowledge of real estate to be certain you are getting a fair deal and are protected during the complete deal.