Want to purchase a short sale?
A short sale happens when the seller's lender consents to accept a reduced amount to release a mortgage.
Can I get a bargain on a short sale?
Every now and then a good deal will come along. Many people hear the term "short sale" and instinctively think of a seller that is in trouble and needing to sell their home fast to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to do well from 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 actual market values, not below.
Are you ready to buy a short sale property?
If you are 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 be certain you are getting a fair deal and protect yourself during the whole transaction.