Ready to make a deal on a short sale?
A short sale happens when the homeowner's lender has agreed to collect a reduced payoff to release a mortgage. For more information, just contact me
through my site or e-mail me
. I'm happy to answer any questions you have about real estate short sales.
Are they good deals?
Sometimes. Many people hear the phrase "short sale" and routinely think of a seller that is insolvent and must sell their home fast to prevent 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 consistent with true market values instead of below.
What's involved in buying a short sale?
When you are ready to buy, whether it's a short sale or a typical home sale,
Southdale Properties, Inc. can help. Use my experience and knowledge of real estate to feel confident that you are getting a fair deal and are protected during the full matter.