Ready to buy a short sale?
If a seller is upside down on their mortgage payments, it's becoming increasingly common for the lender to agree to a short sale, whereby the lender agrees to release the mortgage for an amount less than what's owed. Should you have questions regarding real estate in Sugarloaf Key, Florida, contact me here or e-mail me
Are short sales good deals?
Every now and then a good deal will come along. Most people hear the term "short sale" and routinely think of a seller that is in trouble and needs to sell their house quickly to avert further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. More commonly, a lender may consider a short sale even if the seller is current with their mortgage, but property values have fallen. In cases such as these the reduced price may in fact be in line with true market values rather than below.
Are you ready to buy a short sale property?
When it's time to buy, whether it be a short sale or a typical home sale,
Mia Howe Realty can help you. Utilize my experience and knowledge of real estate to feel confident you are getting a fair deal and are protected during the full deal.