Want to purchase a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on the property, it's called a short sale. If you have any questions regarding real estate in Lake Worth, Florida, contact me here or e-mail me
Are short sales bargains?
The short answer is "sometimes". Often times people hear the words "short sale" and instinctively think of a seller that is in trouble and needs to sell their house quickly to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to take advantage of another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current, but property values have fallen. In cases such as these the reduced price may in fact be in line with actual market values instead of below.
What's involved in buying a short sale?
When you're ready to buy, whether it is a short sale or a typical home sale,
Southdale Properties, Inc. can help you. Utilize my experience and knowledge of real estate to be confident that you're getting a fair deal and are protected during the whole deal.