Want 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 the property, it's called a short sale.
Are short sales good deals?
From time to time, yes. Many people hear the term "short sale" and routinely think of a seller that is in trouble and must sell their house quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to do well from another's misfortune. Alternatively, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have declined. In these cases the reduced price may in fact be consistent with current market values, not below.
How do I buy a short sale?
If you are ready to buy, whether it be a short sale or a typical home sale,
Unicasa International USA Realty can help. Utilize my experience and knowledge of real estate to be confident that you're getting a fair deal and will be protected during the whole purchase transaction.
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