Looking to buy a short sale?
If a homeowner is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender consents to release the mortgage for a sum less than what's owed. For more information, you can contact me
through my site or e-mail me
. I'm glad to answer any questions you have about real estate short sales.
Are short sales good deals?
From time to time, yes. Many people hear the words "short sale" and routinely think of a seller that is in default and must sell their property fast to prevent 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 cases such as these the "bargain" price may in fact be in line with true market values instead of below.
How do I buy a short sale?
If you are ready to buy, whether it's a short sale or a typical home sale,
J. Briann Realty Group, Inc. can help. Utilize my experience and knowledge of real estate to make sure you're getting a fair deal and protect yourself during the full transaction.
Looking to Buy?
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