Sarasota Short Sales
A short sale is a legally-binding agreement to allow a home to be sold for less than is owed. While these are one of the more difficult types of transactions, a large increasing inventory has lenders more eager to negotiate with borrowers who are having trouble paying their mortgages. For potential home buyers and investors, short sales offer an opportunity to purchase a property at a significant discount, as long as they understand the risks and difficulties of these transactions.
We'd be happy to provide more information about foreclosures and short sales in Sarasota. Please contact us for more information about your next real estate purchase.