10 Reasons You Need an Agent When Buying a Short Sa le A short sale allows you to purchase a property at l ess than what is owed on the current mortgage. With today's high number of foreclosures to prevalent, e ven in the Myrtle Beach condo market, banks are looking for individuals to buy quickly. Buying a sh ort sale helps the banker get out of bad transactio n and helps the property … [Read more...]
5 Questions to Ask When Submitting a Short Sale Offer
5 Questions to Ask When Submitting a Short Sale Off er In the Myrtle Beach short sale market, there are of ten questions. People simply want to know, is this going to work for their best interests. If you are working with a real estate agent in Myrtle Beach fo r short sales, your agent will provide you with guida nce and direction specific to your unique circumstances. However, many … [Read more...]
5 Facts About Short Sales
Buying a home through a process called a ‘short sale’, has become more common in recent years. Buyers can score a great deal with a short sale, and it’s a good way for a homeowner to sell a property instead of turning to foreclosure as the only viable option. However, short sales can be complicated and are not always as easy to navigate as a traditional property transaction. If you are … [Read more...]
When is the Best Time for a Short Sale?
When Is the Best Time for a Short Sale? Are you looking at the Myrtle Beach short sale mark et and wondering when to make your move? If so, there are some key situations to look for to know w hen it is best to make a short sale offer. This tim e is the best time to act because the lender is likely t o move towards foreclosure and the seller is unable to sell the property outright or to … [Read more...]
Tips for Purchasing a Short Sale Property
Tips for Purchasing a Short Sale Property Buying a short sale property is a good investment i n many cases. A short sale occurs when a property i s sold for less than what is owed on the current owne r's mortgage, and the lender accepts the payment as payment in full. Before entering a short sale agree ment, there are a few things you, as the property buyer, needs to know. How The Short … [Read more...]
Should You Buy a Foreclosure or Short Sale?
Should You Buy a Foreclosure or Buy a Short Sale? Many people are asking the question should I buy a foreclosure or should I buy a short sale? There are pros and cons to each situation. As you take into c onsideration which option is the best choice for yo u, you should understand both the process and the over all success rate of each type of transaction. First , know the difference. When … [Read more...]
Selling your Property Through a Short Sale
Selling Your Property Through a Short Sale If you are in distress, or are unable to pay your m ortgage payment, you may want to try to sell throug h a short sale. This has become an option more readily available in markets such as the Myrtle Beach condo market, where there are plenty of properties on the market and yet there is still interest in getting that great deal. Before you make … [Read more...]
How to Buy Short Sales
How to Buy Short Sales Learning how to buy short sales may be one of the b est investments you make. While anyone can purchase a short sale successfully, it is the inves tor who is likely to turn the largest profit from d oing so. One of the biggest markets right now is the Myrtle Beach short sale market. The property options are numerous and the deals are outstanding. Still, one of the … [Read more...]
5 Steps to Buying a Short Sale
5 Steps to Buying a Short Sale Now is the time to buy a short sale. A short sale c ondo, such as those condos in Myrtle Beach, could b e an excellent way to take advantage of the current m arket. A short sale allows the property buyer to bu y the home for less than the current loan on the home . The process involves working with the current owner's lender to negotiate a deal for less than … [Read more...]
5 Aspects of Short Sales
5 Aspects to Know About the Short Sale Market The short sale market in areas such as Myrtle Beach is booming. Lenders are more willing than ever to work with people who have the potential to purchase the property that would otherwise enter foreclosure. And, in the Myrtle Beach real estate m arket, it is particularly beneficial to buy because there are short sale real estate agents ready and … [Read more...]
