Ready to make a deal on a short sale?
When a homeowner 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 due. For more information, simply contact me
through my site or e-mail me
. I'm happy to answer questions you have about real estate short sales.
Are they good deals?
Every now and then a good deal will come along. Most people hear the words "short sale" and instinctively think of a seller that is in trouble and must sell their home 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 isn't delinquent with their payments, but property values have fallen. In these cases the "bargain" price may in fact be consistent with true market values rather than below.
How do I buy a short sale?
When it is time to buy, whether it's a short sale or a typical home sale,
Coldwell Banker Plourde Real Estate is here to help. Apply my experience and knowledge of real estate to be confident you are getting a fair deal and are protected during the complete purchase transaction.