Ready to purchase a short sale?

A short sale is when the homeowner's lender consents to collect a reduced amount to release a mortgage.

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. Many people hear the phrase "short sale" and instinctively think of a seller that is insolvent and needing to sell their property fast to avert further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current, but property values have fallen. In these instances the "bargain" price may in fact be consistent with current market values, not below.

How do I buy a short sale?

  • Always do your research before making any offers. Using an experienced real estate professional from Unicasa International USA Realty to support your research of a property can help you make informed 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. Having this information can help you make a decision about how much to offer.
  • Hire a REALTOR® with short sale experience. Unicasa International USA Realty can help expedite the transaction and make sure you're protected. Don't let inexperience impede the closing process. Let my experience and knowledge work for you.

  • Even with an experienced real estate agent and under the best of situations, buying a short sale property will usually take longer than a typical real estate transaction. Be aware that most short sales will not close in 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 sent to a committee to approve or disapprove, which will add time - sometimes even 2 to 3 months.
  • Home protection plans, buyer credits and allowances, and closing cost concessions are usually not negotiable when buying a short sale. The lender will be selling the property as seen 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 suggest that you make your offer contingent upon the outcome of the inspections.
When you are ready to buy, whether it is a short sale or a typical home sale, Unicasa International USA Realty can help you. Apply my experience and knowledge of real estate to be confident that you're getting a fair deal and are protected during the entire process.

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