November 3rd, 2011 11:13 AM by
Short Sales! What You Need to Know
Are you looking to take advantage of the great buys available in the Charleston AFB area? You’ve heard all the talk about the huge inventory of ‘short sales’…….But exactly what is a short sale? And what does it mean to you?
Simply put, when a home is sold for less that what is owed, the sale is considered a short sale.
If you're serious about purchasing a Charleston AFB short-sale property, it's important for you to have expert assistance. A qualified real estate professional will be able to show you short-sale homes, help negotiate the purchase when you find the property you want to buy, and smooth communications with the lender.
The risks of a short sale are considerable, but can be well worth it! If you have the time and patience, and the right real estate professionals on your side - a short sale can be a win for you and the seller.