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| BUYING a Short Sale: Short Sales could be a great way to purchase a property at a substantial discount from a current market value. This distressed type of sale could be quite advantageous to a property purchaser, but does has some uncertainties VERSUS purchasing a “regular sale” property versus a short sale. Main uncertainties are: floating closing date contract price could be accepted by the seller's bank or may be countered at a higher price some real estate firms continue marketing a short sale listing to other prospective purchasers even though a seller has accepted a contract from a potential buyer Property is sold in “AS IS” condition, with no repairs or warranties. Property may at times be abandoned by the owner, utilities disconnected -which results in a deteriorating condition of the property due to weather conditions, vandalism, etc.
When representing a BUYER in a PURCHASE of a SHORT SALE we make sure:
our purchaser clients are contractually protected from waiting “forever” we get involved in a short sale process as much as we can – to make sure that we can shorten the wait time as much as possible we inform our clients of the specifics of the particular transaction -name of banks, number of mortgage liens, etc. we provide out clients with constant updates on a short sale progress – so that they know why it takes long, and that the work is moving
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Request a list of SHORT SALES by ZIPCODE, TOWN, SUDIVISION
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If you are in a market to purchase a property and would like a FREE list of SHORT SALES in a specific area, town or subdivision - please fill out the form below. Please give us as many specifics as you can - number of bedrooms, baths, garage preferences, townhome or single family, etc. The more "must have" criterias you give us - the more detailed and efficient we can be at fulfilling your request:
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APEX Real Estate Brokerage, Inc., 2718 Caton Farm Road, Joliet, IL 60435 Phone: (708) 408-4934, Fax (708) 777-6085 |
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