With the decline in the housing market and the failing economy, a home owner may have a need to sell but cannot get a contract for more than the pay off of the mortgage. When that happens, banks may take less than the pay off amount and this is referred to as a short sale. Many times short sales provide buyers with fantastic opportunities on properties. A contract for a short sale has to be agreed to by the bank holding the mortgage and the home owner. I am very knowledgeable about this process and welcome any home owner wishing to offer his/her property for short sale and any buyer who is interested in purchasing properties offered for short sale.
864-607-7779 or Angie@AngieKnight.com