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Friday, February 04, 2011

Home Buyer Tip: Short Sales Are Not Fire Sales…

There is sometimes a misconception among home buyers that short sales are fire sales .....where the seller is expecting to receive deeply discounted offers.  Such is not the case.

Short sale buyers may get a slight discount but in a declining market the discount may be market price by lender approval time!

If you would like to read further about short sales and foreclosures, check these short articles I posted previously (click the links):

    * Difference between a short sale and a foreclosure
    * Is there such a thing as a perfect foreclosure?
    * REO and Foreclosures are not the same as short sales...

For information on homes for sale in Viera, Suntree and Rockledge, Florida, call me directly at 321-693-3850 or email me.

If you are considering selling your Brevard County, Florida house or condo, I would welcome a chance to work with you.

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