first time buyers: Short Sale - Long Time - 06/24/08 06:01 PM
The vast majority of residential sales occurring in South Florida right now are Short Sales and REOs. Most properties listed on the MLS at current market prices are actually Short Sales, and most of the remainder are REO's. In a normal market, Short Sales are almost non-existent and REO's are few, but always around and always in demand.
So what are Short Sales and REO's?
A Short Sale is a situation where the Owner of a property is trying to sell it for less than they owe on it - And not pay the difference themselves. The owner wants … (0 comments)

 

Larry Milligan

Coral Springs, FL

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Access USA Realty

Address: 6424 N University Dr, Tamarac, FL, 33021

Office: (954) 720-7200

Mobile: (954) 720-7600

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