Ready to buy a short sale?
If a homeowner is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender consents to release the mortgage for a sum less than what's due. For more information, just contact me
through my site or e-mail me
. I'm happy to answer any questions you have regarding real estate short sales.
Are they good deals?
Every now and then a good deal will come along. Often times people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needing to sell their home quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. On the other hand, 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 "bargain" price may in fact be consistent with true market values rather than below.
What's involved in buying a short sale?
When you're ready to buy, whether it be a short sale or a typical home sale,
Provident Realty Group is here to help. Use my experience and knowledge of real estate to feel confident that you're getting a fair deal and remain protected during the whole transaction.