(310) 784-2828 Ext 225
Ready to buy a short sale?
If a seller is upside down on their mortgage payments, they can sometimes get the lender to agree to a short sale, whereby the lender consents to release the mortgage for a sum less than what's due. For more information, you can contact me
through my site or e-mail me
. I'm glad to answer questions you have regarding real estate short sales.
Are short sales good deals?
From time to time, yes. Often times people hear the words "short sale" and automatically think of a seller that is insolvent and needs to sell their home promptly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current, but property values have fallen. In these cases the discounted price may in fact be closer to true market values instead of below.
How do I buy a short sale?
If you're ready to buy, whether it's a short sale or a typical home sale,
Excel Funding Real Estate Services, Inc. can help you. Apply my experience and knowledge of real estate to feel confident you're getting a fair deal and remain protected during the entire purchase transaction.