Want 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. For more information, simply contact me
through my site or e-mail me
. I'm glad to answer any questions you have regarding real estate short sales.
Are short sales good deals?
From time to time, yes. Most people hear the term "short sale" and automatically think of a seller that is in default and needs to sell their home promptly to avert further financial problems. This is at times 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 isn't delinquent with their payments, but property values have declined. In these instances the reduced price may in fact be consistent with current market values, not below.
How do I buy a short sale?
If you're ready to buy, whether it's a short sale or a typical home sale,
Villar & Co. Real Estate can help you. Use my experience and knowledge of real estate to feel confident you are getting a fair deal and are protected during the whole process.