Want to purchase a short sale?

A short sale means the seller's lender has agreed to receive a reduced sum to release a mortgage. For more information, just contact me through my site or e-mail me. I'm happy to answer 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.

Can I get a bargain on a short sale?

From time to time, yes. Most people hear the term "short sale" and instinctively think of a seller that is insolvent and needing to sell their home fast to avoid further financial problems. This is sometimes the case and can be an opportunity for a buyer to take advantage of 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 declined. In cases such as these the discounted price may in fact be consistent with current market values rather than below.

What's involved in buying a short sale?

  • Before you make any purchase offers, do your research. Using a qualified real estate agent from Unicasa International USA Realty to assist you with researching a property can help you make knowledgeable decisions. We can help find out to whom the property is titled, the amount owed to the lender, and whether or not a foreclosure notice has been filed. Obtaining this info can help you decide how much to offer.
  • Hire an agent with short sale knowledge. Unicasa International USA Realty can assist you in expediting the transaction and make sure you're protected. Don't permit inexperience to slow down 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 less than 30 days. Remember that you're not only having to satisfy the seller, but the lender must also agree to the terms of the sale. A lot of the time your offer will be sent to a committee to approve, which will add time - sometimes even 2 to 3 months.
  • Home protection warranties, buyer credits and allowances, and closing cost concessions are usually not negotiable when working with a short sale. The lender will sell the property as seen which means the lender won't be paying for repairs. Be sure you 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'm looking out for your interests first and foremost and will always suggest that you make your offer contingent upon the results of the inspections.
If you are ready to buy, whether it is a short sale or a typical home sale, Unicasa International USA Realty can help. Utilize my experience and knowledge of real estate to make sure that you are getting a fair deal and remain protected during the full process.

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