Looking to make a deal on 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 consents to release the mortgage for a sum less than what's owed. For more information, just contact me
through my site or e-mail me
. I'm happy to address any questions you have about real estate short sales.
Can I get a good deal on a short sale?
Sometimes. Most people hear the words "short sale" and automatically think of a seller that is in default and needs to sell their house quickly to prevent further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on another's misfortune. More commonly, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have depreciated. In these instances the discounted price may in fact be consistent with current market values, not below.
How do I buy a short sale?
When you're ready to buy, whether it's a short sale or a typical home sale,
Choice Jacksonville Realty can help you. Use my experience and knowledge of real estate to be confident that you're getting a fair deal and protect yourself during the full deal.