Looking 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.
Are short sales bargains?
Every now and then a good deal will come along. Often times people hear the term "short sale" and instinctively think of a seller that is in default and needing to sell their home fast 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. More commonly, a lender may consider a short sale even if the seller is current with their mortgage, but property values have fallen. In these cases the reduced price may in fact be in line with true market values, not below.
How do I buy a short sale?
When it is time to buy, whether it is a short sale or a typical home sale,
J. Briann Realty Group, Inc. is available for you. Use my experience and knowledge of real estate to be certain that you're getting a fair deal and are protected during the whole transaction.
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