Short Sales

What is a short sale?

A short sale is a preemptive maneuver homeowners can make to avoid foreclosure by the bank. Obviously, the lender must be involved with this solution because the amount generated by a short sale is usually significantly lower than the amount owed on the loan.

The upside for buyers?

• Buyers looking at homes may have the opportunity to acquire a great property at a significant discount.

The downside for buyers?

• Short sales are complicated and time consuming.  Dan is an experienced short sale agent.  If you are considering a property listed as a "short sale", give us a call.

For more information about buying short sales, click here...