Looking to make a deal on 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. For more information, just contact me
through my site or e-mail me
. I'm happy to address any questions you have regarding real estate short sales.
Are short sales bargains?
Occasionally. Many people hear the words "short sale" and routinely think of a seller that is in default and needs to sell their house fast to prevent further financial problems. This is at times the case and can be an opportunity for a buyer to do well from 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 actual market values, not below.
What's involved in buying a short sale?
If you are ready to buy, whether it is a short sale or a typical home sale,
Remax Components can help you. Apply my experience and knowledge of real estate to be confident you're getting a fair deal and remain protected during the complete matter.