Want to buy a short sale?
A short sale means the seller's lender has agreed to accept a reduced payoff to release a mortgage.
Can I get a good deal on a short sale?
From time to time, yes. Many people hear the term "short sale" and automatically think of a seller that is in trouble and needing to sell their home fast to prevent further financial problems. This is sometimes the case and can be an opportunity for a buyer to make the most of another's misfortune. In contrast, a lender may consider a short sale even if the seller is current, but property values have declined. In cases such as these the reduced price may in fact be closer to actual market values, not below.
What's involved in buying a short sale?
When it is time to buy, whether it be 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 that you're getting a fair deal and remain protected during the whole process.