Ready to buy a short sale?
When a homeowner owes more on their home than its value, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender agrees to release the mortgage for a sum less than what's owed. For more information, simply contact me
through my site or e-mail me
. I'm happy to address any questions you have regarding real estate short sales.
Can I get a bargain on a short sale?
Every now and then a good deal will come along. Often times people hear the words "short sale" and automatically think of a seller that is in default and must sell their house promptly to prevent further financial problems. This is at times 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 isn't delinquent with their payments, but property values have depreciated. In cases such as these the discounted price may in fact be consistent with true market values, not below.
What's involved in buying a short sale?
When it is time to buy, whether it is a short sale or a typical home sale,
Remax Components can help. Utilize my experience and knowledge of real estate to make sure that you're getting a fair deal and are protected during the full deal.