Looking to buy a short sale?
When a lender and a seller agree to release a mortgage for an amount less than what's owed on the property, it's called a short sale. Should you have any questions regarding real estate in Mifflintown, Pennsylvania, contact us here or e-mail us
Can I get a bargain on a short sale?
Every now and then a good deal will come along. Many people hear the phrase "short sale" and routinely think of a seller that is in default and needs to sell their house fast to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to do well from another's misfortune. Alternatively, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have declined. In these instances the "bargain" price may in fact be closer to actual market values rather than below.
What's involved in buying a short sale?
If you are ready to buy, whether it be a short sale or a typical home sale, Jack Gaughen Network Services Hower & Associates is available for you. Use our experience and knowledge of real estate to make sure you are getting a fair deal and will be protected during the whole matter.