Want to buy a short sale?
A short sale is when the seller's lender consents to accept a reduced amount to release a mortgage.
Can I get a bargain on a short sale?
Sometimes. Many people hear the term "short sale" and routinely think of a seller that is in financial trouble and must sell their home promptly to prevent further financial problems. This is sometimes 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 is current, but property values have fallen. In cases such as these the reduced price may in fact be in line with actual market values instead of below.
How do I buy a short sale?
When you are ready to buy, whether it is a short sale or a typical home sale,
SBR Realty LLC is here to help. Utilize my experience and knowledge of real estate to be certain that you are getting a fair deal and are protected during the whole process.