WELCOME TO THE SHORT SALE SECTION OF MY WEB SITE.
Short Sales are specifically for a buyer who has lots of patience and is no hurry. Many times short sales can take 2-4 months or longer just to get the approval from the bank. Selling agents can make or break the deal, depending on how well they are able to negotiate and communicate.
Advantages
- The seller takes less of a hit on their credit.
- The seller stays in the home until closing.
- The buyer gets a non distressed house that has been occupied throughout the sale.
- The buyer gets the home at today's decreased lower prices.
- The bank doesn't take possession of another home it doesn't want.
- The bank doesn't pay the big money it takes to go through a foreclosure.
Disadvantages
- The entire process sometimes takes a long time, 4-8 months or longer.
- The buyers have to wait a long time for the approval, most won't wait.
- The seller's agent must be excellent at negotiation and communicating.
- The sellers often have tax repercussions if there is a second mortgage on the home.
- Due to the amount of variables, most short sales do not successfully close.
You can search for homes currently in Short Sale Status by clicking the below links. You can save your search and even save individual properties by clicking save and then creating a password protected account. Once you have created an account for your saved searches, you can scroll down to the bottom of my home page and log in to retrieve your searches.
If you are ready for my assistance you can Click Here, the form will open up and once your done giving me some basic information, the form will be routed directly to me. I will be in touch shortly to assist you in your search for the perfect home.
