Ready to buy a short sale?

When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. If you have questions about real estate in Davie, Florida, contact me here or e-mail me.

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

Can I get a good deal on a short sale?

From time to time, yes. Most people hear the term "short sale" and routinely think of a seller that is in financial trouble and needs to sell their house quickly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to make the most of another's misfortune. In contrast, a lender may consider a short sale even if the seller is current, but property values have declined. In these cases the discounted price may in fact be consistent with true market values instead of below.

How do I buy a short sale?

  • Always do your homework before making any offers. Using an experienced real estate professional 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 info can help you make a decision about how much to offer.
  • Use an agent with short sale knowledge. Unicasa International USA Realty can help expedite the transaction and ensure that you're protected. Don't allow inexperience to slow down the closing process. Put my knowledge and experience to work for you.

  • Even in the best of situations and with an experienced real estate agent, buying a short sale property will usually take longer than a typical real estate transaction. Be informed that most short sales will not close in the customary 30 days or less. Remember that you're not only having to satisfy the seller, but the lender must also agree to the discounted price. A lot of the time your offer will go before a committee for approval, which will add time - sometimes even 2 to 3 months.
  • Home protection plans, buyer credits and allowances, and closing cost concessions are usually not up for negotiation when dealing with a short sale. The lender will be selling the property just the way it is which means the lender won't be paying for repairs. Be sure to reserve the right to have the property inspected for pests, HVAC, electrical, and other critical areas. At Unicasa International USA Realty, when I write an offer, I will be looking out for your interests first and foremost and will always recommend that you make your offer contingent upon the results of the inspections.
When you are ready to buy, whether it's a short sale or a typical home sale, Unicasa International USA Realty is available for you. Utilize my experience and knowledge of real estate to be certain you are getting a fair deal and will be protected during the whole transaction.

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