Ready to purchase a short sale?
A short sale is when the homeowner's lender consents to receive a reduced payment to release a mortgage. For more information, simply contact me
through my site or e-mail me
. I'm glad to address any questions you have regarding real estate short sales.
Are short sales good deals?
Sometimes. Many people hear the phrase "short sale" and automatically think of a seller that is in default and needs to sell their house quickly to avoid further financial problems. This is sometimes the case and can be an opportunity for a buyer to do well from another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In these instances the "bargain" price may in fact be in line with actual market values rather than 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,
Weichert, Realtors - Villar and Company can help. Utilize my experience and knowledge of real estate to feel confident you are getting a fair deal and remain protected during the whole transaction.