Short Sale Information for Buyers

Can I get a bargain on a short sale?

Sometimes. Often times people hear the words "short sale" and routinely think of a seller that is insolvent and needs to sell their property quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on another's misfortune. More commonly, a lender may consider a short sale even if the seller is current, but property values have depreciated. In these instances the "bargain" price may in fact be consistent with true market values instead of below.

How do I buy a short sale?

If you are ready to buy, whether it's a short sale or a typical home sale, RE/MAX Classic can help. Utilize our experience and knowledge of real estate to be confident that you are getting a fair deal and remain protected during the full deal.