Ready to make a deal on a short sale?
When a lender and a homeowner agree to release a mortgage for an amount less than what's owed on the property, it's called a short sale. Should you have any questions regarding real estate in Denton, Texas, contact me here or e-mail me
Are short sales good deals?
From time to time, yes. Many people hear the phrase "short sale" and routinely think of a seller that is in trouble and needing to sell their house quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on 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 instances the reduced price may in fact be closer to 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,
Century 21 Judge Fite Company can help you. Utilize my experience and knowledge of real estate to be confident that you are getting a fair deal and remain protected during the whole transaction.