Looking to make a deal on a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. For more information, you can contact me
through my site or e-mail me
. I'm happy to address questions you have regarding real estate short sales.
Can I get a good deal on a short sale?
From time to time, yes. Often times people hear the words "short sale" and instinctively think of a seller that is in trouble and needing to sell their house promptly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to do well from another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In these cases the reduced price may in fact be consistent with actual market values instead of below.
Are you ready to buy a short sale property?
When you're ready to buy, whether it's a short sale or a typical home sale,
Coldwell Banker Plourde Real Estate can help. Use my experience and knowledge of real estate to feel confident that you are getting a fair deal and will be protected during the whole deal.