Ready to make a deal on a short sale?
When a seller is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender consents to release the mortgage for an amount less than what's due. For more information, you can contact me
through my site or e-mail me
. I'm happy to address any questions you have regarding real estate short sales.
Are short sales bargains?
Occasionally. Most people hear the term "short sale" and routinely think of a seller that is in trouble and needs to sell their property promptly to prevent 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 fallen. In cases such as these the "bargain" price may in fact be in line with true market values instead of below.
Are you ready to buy a short sale property?
If you're ready to buy, whether it be a short sale or a typical home sale,
Choice Jacksonville Realty can help. Utilize my experience and knowledge of real estate to make sure that you're getting a fair deal and remain protected during the full matter.