Looking to purchase a short sale?
A short sale means the seller's lender consents to collect a reduced sum to release a mortgage. If you have questions regarding real estate in Rancho Palos Verdes, California, contact me here or e-mail me
Are they good deals?
Occasionally. Many people hear the term "short sale" and automatically think of a seller that is in financial trouble and needs to sell their house promptly to avoid further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. Alternatively, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In these instances the "bargain" price may in fact be in line with true market values instead of below.
How do I buy a short sale?
When you're ready to buy, whether it be a short sale or a typical home sale,
Excel Funding Real Estate Services, Inc. is available for you. Apply my experience and knowledge of real estate to make sure that you are getting a fair deal and will be protected during the complete process.