Looking to buy a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. Should you have any questions about real estate in Lake Worth, Florida, contact me here or e-mail me
Can I get a good deal on a short sale?
From time to time, yes. Most people hear the words "short sale" and instinctively think of a seller that is insolvent and needing to sell their property fast to avert further financial problems. This is occasionally the case and can be an opportunity for a buyer to do well from another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In cases such as these the discounted price may in fact be closer to actual market values, not below.
What's involved in buying a short sale?
If you are ready to buy, whether it is a short sale or a typical home sale,
Southdale Properties, Inc. can help you. Use my experience and knowledge of real estate to be confident that you are getting a fair deal and are protected during the complete matter.