Ready to buy a short sale?
When a lender and a homeowner agree to release a mortgage for an amount less than what's owed on the property, it's called a short sale. For more information, you can contact me
through my site or e-mail me
. I'm glad to answer any questions you have about real estate short sales.
Are they good deals?
Every now and then a good deal will come along. Many people hear the phrase "short sale" and automatically think of a seller that is in default and must sell their house quickly to avoid further financial problems. This is occasionally 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 depreciated. In cases such as these the "bargain" price may in fact be in line with actual market values instead of below.
How do I buy a short sale?
When it is time to buy, whether it's a short sale or a typical home sale,
Choice Jacksonville Realty can help. Use my experience and knowledge of real estate to be confident that you're getting a fair deal and will be protected during the full matter.