Looking to buy a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. Should you have any questions about real estate in Austin, Texas, contact me here or e-mail me
Are short sales bargains?
From time to time, yes. Many people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and must sell their property fast to avoid further financial problems. This is occasionally the case and can be an opportunity for a buyer to make the most of another's misfortune. More commonly, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In cases such as these the discounted price may in fact be in line with actual market values rather than below.
Are you ready to buy a short sale property?
When you are ready to buy, whether it be a short sale or a typical home sale,
Issac W. Harper Real Estate Broker/Realtor© is available for you. Use my experience and knowledge of real estate to be certain you're getting a fair deal and protect yourself during the complete process.