Looking to purchase a short sale?
A short sale happens when the seller's lender agrees to receive a reduced sum to release a mortgage. For more information, you can contact me
through my site or e-mail me
. I'm glad to answer any questions you have regarding real estate short sales.
Are they good deals?
Sometimes. Often times people hear the words "short sale" and automatically think of a seller that is in trouble and needing to sell their property fast to avert further financial problems. This is at times the case and can be an opportunity for a buyer to make the most of another's misfortune. In contrast, a lender may consider a short sale even if the seller is current, but property values have depreciated. In cases such as these the discounted price may in fact be in line with true market values instead of below.
What's involved in buying a short sale?
When it is time to buy, whether it's 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 make sure you're getting a fair deal and protect yourself during the full transaction.