Looking to make a deal on a short sale?
A short sale means the seller's lender consents to get a reduced amount to release a mortgage. Should you have questions regarding real estate in Rancho Palos Verdes, California, contact me here or e-mail me
Can I get a bargain on a short sale?
Every now and then a good deal will come along. Most people hear the term "short sale" and instinctively think of a seller that is in financial trouble and must sell their home 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. In contrast, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In these cases the discounted price may in fact be in line with true market values instead of below.
How do I buy a short sale?
If you're ready to buy, whether it is 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 protect yourself during the whole matter.