Want to purchase a short sale?
A short sale means the seller's lender consents to collect a reduced payment to release a mortgage. For more information, simply contact us
through our site or e-mail us
. We're glad to answer questions you have about real estate short sales.
Are short sales bargains?
From time to time, yes. Often times people hear the words "short sale" and instinctively think of a seller that is in financial trouble and needing to sell their house promptly to avoid further financial problems. This is occasionally the case and can be an opportunity for a buyer to cash in on 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 discounted price may in fact be consistent with current market values rather than below.
Are you ready to buy a short sale property?
When you're ready to buy, whether it be a short sale or a typical home sale, The ALLREALTY Group is here to help. Apply our experience and knowledge of real estate to make sure you're getting a fair deal and remain protected during the entire matter.