Ready to make a deal on a short sale?
When a lender and a homeowner 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 about real estate in Prairieville, Louisiana, contact me here or e-mail me
Are short sales good deals?
From time to time, yes. Often times people hear the words "short sale" and automatically think of a seller that is in default and must sell their property promptly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. On the other hand, 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 closer to current market values rather than 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,
Weichert, Realtors - Villar and Company is here to help. Utilize my experience and knowledge of real estate to be certain you are getting a fair deal and will be protected during the entire purchase transaction.