Want to buy a short sale?


	When a homeowner is upside down on their mortgage payments, they can sometimes get 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, you can contact me through my site or e-mail me. I'm glad to address questions you have about real estate short sales.

Purchasing a short sale in Davie, FL, on your own is risky. Contact Unicasa International USA Realty for expert advice.

Are short sales bargains?

Sometimes. Often times people hear the words "short sale" and routinely think of a seller that is in default and needs to sell their property quickly 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. On the other hand, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In these cases the reduced price may in fact be in line with true market values instead of below.

Are you ready to buy a short sale property?

Always do your research before making any offers. Using an experienced REALTOR^® from Unicasa International USA Realty to support your research of a property will help you make informed decisions. We can help discover to whom the property is titled, the balance still owed to the lender, and whether or not a foreclosure notice has been filed. Obtaining this information can help you decide how much to offer.
Hire an agent with short sale knowledge. The real estate agents at Unicasa International USA Realty can help expedite the transaction and ensure that you're protected. Don't let inexperience hold up the closing process. Let our experience and knowledge work for you.
Even with an experienced real estate agent and under the best circumstances, buying a short sale property will usually take longer than a typical real estate transaction. Be informed that a majority of short sales will not close in the customary 30 days or less. Remember that you're not only having to get approval from the seller, but the lender must also agree to the discounted price. A lot of the time your offer will be seen by a committee for approval which will add time - sometimes even 2 to 3 months.
Home warranties, buyer credits and allowances, and closing cost concessions are normally non-negotiable when working with a short sale. The lender will be selling the property just the way it is which means the lender isn't going to pay for repairs. Be sure you reserve the right to have the property inspected for pests, HVAC, electrical, and other critical areas. At Unicasa International USA Realty, when we write an offer, we will be looking out for your interests first and foremost and will always suggest that you make your offer contingent upon the inspection results.

When it's time to buy, whether it be a short sale or a typical home sale, Unicasa International USA Realty is here to help. Use our experience and knowledge of real estate to be confident that you're getting a fair deal and are protected during the complete purchase transaction.

For more information you can visit us at our CDPE Website:

http://hosted.cdpe.com/sandraecheverry/Home.aspx

Unicasa International USA Realty 12555 Orange Drive Suite # 120 secheverry@unicasainternationalusa.com Davie, FL, 33330

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