Ready to make a deal on 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, just contact me
through my site or e-mail me
. I'm glad to address any questions you have about real estate short sales.
Are short sales good deals?
Every now and then a good deal will come along. Most people hear the words "short sale" and automatically think of a seller that is in financial trouble 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 make the most of another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In these instances the reduced 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,
Coldwell Banker Plourde Real Estate can help you. Apply my experience and knowledge of real estate to be certain that you are getting a fair deal and protect yourself during the full purchase transaction.