Ready to purchase a short sale?
A short sale is when the seller's lender has agreed to collect a reduced payment to release a mortgage. For more information, you can contact me
through my site or e-mail me
. I'm happy to address questions you have about real estate short sales.
Are they good deals?
Sometimes. Many people hear the words "short sale" and routinely think of a seller that is in trouble and must sell their property promptly 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. Alternatively, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In these instances the discounted price may in fact be in line with current market values instead of below.
How do I buy a short sale?
If you're ready to buy, whether it's a short sale or a typical home sale,
Greater R.I. Properties, LLC can help you. Utilize my experience and knowledge of real estate to be confident you're getting a fair deal and protect yourself during the complete deal.