Ready to purchase a short sale?
When a seller owes more on their house than its value, they can sometimes get the lender to agree to a short sale, whereby the lender consents to release the mortgage for an amount less than what's owed. For more information, simply contact me
through my site or e-mail me
. I'm glad to answer questions you have about real estate short sales.
Are short sales bargains?
From time to time, yes. Most people hear the term "short sale" and instinctively think of a seller that is in financial trouble and must sell their home fast to avoid further financial problems. This is sometimes 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 declined. In these cases the reduced price may in fact be closer to true market values rather than below.
What's involved in buying a short sale?
When you are ready to buy, whether it's a short sale or a typical home sale,
Southern Homes of the Carolinas is here to help. Use my experience and knowledge of real estate to feel confident you are getting a fair deal and remain protected during the full deal.
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