Ready to buy 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 happy to answer questions you have regarding real estate short sales.
Are short sales bargains?
The short answer is "sometimes". Many people hear the term "short sale" and automatically think of a seller that is in default and must sell their home promptly to avert 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 discounted price may in fact be consistent with current market values, not below.
How do I buy a short sale?
If you are ready to buy, whether it is a short sale or a typical home sale,
Coast to Coast Property Brokers is available for you. Utilize my experience and knowledge of real estate to be certain you are getting a fair deal and protect yourself during the complete transaction.