When a lender and a seller 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, simply contact us. I'm glad to answer questions you have regarding real estate short sales.
From time to time, yes. Many people hear the words "short sale" and instinctively think of a seller that is insolvent and must sell their home quickly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to do well from another's misfortune. On the other hand, 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 actual market values rather than below.
Are you ready to buy a short sale property?
Hire an agent with short sale experience. Premier Group Realty West can aid you in expediting the transaction and make sure you're protected. Don't allow inexperience to impede the closing process. Put my experience and knowledge to work in your favor.
When you are ready to buy, whether it is a short sale or a typical home sale, Premier Group Realty West is available for you. Utilize our experience and knowledge of real estate to be certain that you're getting a fair deal and will be protected during the complete purchase transaction.
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