(954) 598-0700

Want to buy a short sale?

A short sale happens when the homeowner's lender consents to collect a reduced payoff to release a mortgage. For more information, you can contact me through my site or e-mail me. I'm happy to address any questions you have about real estate short sales.

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

Are short sales bargains?

Occasionally. Often times people hear the phrase "short sale" and instinctively think of a seller that is in financial trouble and must sell their house promptly to avoid further financial problems. This is at times 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 depreciated. In cases such as these the discounted price may in fact be closer to actual market values rather than below.

What's involved in buying a short sale?

  • Before you make any purchase offers, do your research. Using an experienced real estate agent from Unicasa International USA Realty to help you research a property will help you make educated decisions. We can help find out to whom the property is titled, the balance still owed to the lender, and whether or not a foreclosure notice has been filed. Getting this data can help you decide how much to offer.
  • Use a real estate agent with short sale knowledge. Unicasa International USA Realty can assist you in expediting the transaction and ensure that you're protected. Don't allow inexperience to slow down the closing process. Let my experience and knowledge work in your favor.

  • Even in the best of situations and with an experienced real estate agent, buying a short sale property will probably take longer than a typical real estate transaction. Be aware that a majority of short sales will not close in less than 30 days. Remember that you're not only getting approval from the seller, but the lender must also agree to the terms of the sale. A lot of the time your offer will be presented to a committee to approve or disapprove, which will add time - sometimes even 2 to 3 months.
  • Home warranties, buyer credits and allowances, and closing cost concessions are generally not up for negotiation when buying a short sale. The lender will sell the property "as is" which means the lender won't be paying for repairs. Make sure you reserve the right to perform inspections for pests, HVAC, electrical, and other critical areas. At Unicasa International USA Realty, when I write an offer, I'm looking out for your interests above all else and will always recommend that you make your offer contingent upon the inspection results.
When you're ready to buy, whether it's a short sale or a typical home sale, Unicasa International USA Realty can help. Utilize my experience and knowledge of real estate to feel confident that you're getting a fair deal and remain protected during the entire transaction.

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details