Ready to purchase a short sale?
When a lender and a homeowner agree to release a mortgage for an amount less than what's owed on a house, it's called a short sale. Should you have any questions about real estate in North Kingstown, Rhode Island, contact me here or e-mail me
Can I get a bargain on a short sale?
From time to time, yes. Many people hear the words "short sale" and routinely think of a seller that is in default and needs to sell their home quickly to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to cash in on 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 depreciated. In cases such as these the "bargain" price may in fact be closer to actual market values rather than below.
Are you ready to buy a short sale property?
If you're ready to buy, whether it be a short sale or a typical home sale,
Greater R.I. Properties, LLC can help you. Apply my experience and knowledge of real estate to be certain that you are getting a fair deal and protect yourself during the complete purchase transaction.