Want to purchase a short sale?
If a homeowner is upside down on their mortgage payments, they can sometimes get 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, you can contact me
through my site or e-mail me
. I'm glad to answer questions you have regarding real estate short sales.
Are short sales bargains?
Sometimes. Most people hear the words "short sale" and instinctively think of a seller that is in trouble and must sell their house fast 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. Alternatively, a lender may consider a short sale even if the seller is current, but property values have depreciated. In these cases the "bargain" price may in fact be closer to current market values, not below.
What's involved in buying a short sale?
When it is time to buy, whether it's a short sale or a typical home sale,
Provident Realty Group is here to help. Utilize my experience and knowledge of real estate to be confident you are getting a fair deal and will be protected during the full process.