Want to buy a short sale?
A short sale means the seller's lender consents to get a reduced amount to release a mortgage.
Can I get a bargain on a short sale?
Occasionally. Often times people hear the term "short sale" and instinctively think of a seller that is in default and needing to sell their property fast to avert further financial problems. This is occasionally the case and can be an opportunity for a buyer to do well from another's misfortune. More commonly, a lender may consider a short sale even if the seller is current, but property values have declined. In these cases the reduced price may in fact be in line with actual market values, not below.
How do I buy a short sale?
When you are ready to buy, whether it's a short sale or a typical home sale,
Betsher & Associates Realtors, Inc. is available for you. Use my experience and knowledge of real estate to feel confident that you are getting a fair deal and will be protected during the complete process.