Looking to make a deal on a short sale?
When a homeowner owes more on their house than its value, 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 due. For more information, simply contact me
through my site or e-mail me
. I'm happy to address any questions you have about real estate short sales.
Are they good deals?
Occasionally. Many people hear the words "short sale" and instinctively think of a seller that is in financial trouble and must sell their house fast 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. In contrast, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have fallen. In these instances the discounted price may in fact be in line with actual market values rather than 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 is available for you. Use my experience and knowledge of real estate to feel confident you are getting a fair deal and will be protected during the complete process.