Want to buy a short sale?
A short sale means the homeowner's lender agrees to get 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
Can I get a good deal on a short sale?
Every now and then a good deal will come along. Most people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needs to sell their house quickly to avoid further financial problems. This is occasionally the case and can be an opportunity for a buyer to make the most of another's misfortune. More commonly, a lender may consider a short sale even if the seller is current with their mortgage, but property values have declined. In these cases the "bargain" price may in fact be closer to actual market values, not below.
What's involved in buying a short sale?
When it is time to buy, whether it be 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 make sure that you are getting a fair deal and will be protected during the complete matter.