If you currently have a property that has a substantial amount of debt, amounts that far exceed the value of the property, one of the only choices that you have outside of bankruptcy is to do a short sale. This is where the sale of a property can go through if those that have liens or mortgages on the home will take less than the amount they are owed. In most cases, this is better than nothing and many lenders will go for this type of sale, as long as the seller sells it to another person. There are real estate agents that actually market short sales, and these can be absolutely fantastic ways of getting a lot of equity. If the people that have liens on the home take less, you can actually get built in equity depending on how far they will go down, as long as you can come up with the total amount.
How Do You Find These Short Sale Realtors In Dayton Ohio?
Most of the realtors that offer this type of service are constantly advertising that they do. They are always on the lookout for special deals that they can get for properties that are in these situations. In fact, some of the realtors work directly with investors that are paying off these homes so they can have the realtors sell them for profit. It is very similar to flipping a house for profit that you fix up yet there is nothing to do except sell the house at a higher price point and make a profit on the sale. From the perspective of a buyer, this is also going to be a great deal. It just depends on how the short sale was structured. You can talk to realtors that offer short sales, or you can talk to them to sell your home. Either way it’s going to work out in a much more positive way for everyone.
Contact One Of These Realtors Today
If you need to find a short sale realtor that can help you sell your house fast, or if you would like to buy one that is currently available on the market at a very low price, these realtors can help. Just start calling today by searching for short sale Best Realtor in the Dayton Area and you will soon have the ability to sell your home or purchase one at a lower price.