Want to purchase a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on the property, it's called a short sale. Should you have questions about real estate in West Palm Beach, Florida, contact me here or e-mail me
Can I get a bargain on a short sale?
From time to time, yes. Most people hear the phrase "short sale" and instinctively think of a seller that is insolvent and must sell their house fast 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. In contrast, a lender may consider a short sale even if the seller is current, but property values have fallen. In these instances the discounted price may in fact be in line with current market values rather than below.
What's involved in buying a short sale?
When it is time to buy, whether it be a short sale or a typical home sale,
J. Briann Realty Group, Inc. is here to help. Utilize my experience and knowledge of real estate to be certain you are getting a fair deal and protect yourself during the entire purchase transaction.
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