Want to make a deal on a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. For more information, simply contact me
through my site or e-mail me
. I'm glad to answer any questions you have about real estate short sales.
Are they good deals?
Sometimes. Most people hear the term "short sale" and automatically think of a seller that is in trouble and needing to sell their property promptly to avoid 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 declined. In cases such as these the reduced price may in fact be closer to actual market values rather than below.
Are you ready to buy a short sale property?
When it is time to buy, whether it is a short sale or a typical home sale,
Greater R.I. Properties, LLC is available for you. Use my experience and knowledge of real estate to be confident you're getting a fair deal and remain protected during the entire deal.