Ready to buy a short sale?
If a seller is upside down on their mortgage payments, they can sometimes get the lender to agree to a short sale, whereby the lender agrees to release the mortgage for a sum less than what's owed. For more information, you can contact me
through my site or e-mail me
. I'm glad to address questions you have about real estate short sales.
Are they good deals?
Every now and then a good deal will come along. Most people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needs to sell their property promptly to avert further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. Alternatively, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have declined. In these cases the discounted price may in fact be in line with actual market values rather than below.
How do I buy a short sale?
When it's time to buy, whether it is a short sale or a typical home sale,
Issac W. Harper Real Estate Broker/Realtor© is available for you. Utilize my experience and knowledge of real estate to be certain you're getting a fair deal and protect yourself during the whole deal.