Want to make a deal on a short sale?
If a seller 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 due. For more information, simply contact me
through my site or e-mail me
. I'm glad to answer questions you have regarding real estate short sales.
Are short sales good deals?
Sometimes. Many people hear the phrase "short sale" and automatically think of a seller that is in default and needs to sell their property 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 isn't delinquent with their payments, but property values have fallen. In these instances the reduced price may in fact be closer to current market values instead of below.
How do I buy a short sale?
When it's time to buy, whether it be a short sale or a typical home sale,
Unicasa International USA Realty can help you. Use my experience and knowledge of real estate to feel confident you're getting a fair deal and remain protected during the full transaction.
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