Short sale houses are a wonderful way for home buyers to get good deals, and people looking for a bargain should learn how to buy from a short sale properly. We buy houses with price, style and location in mind, and you are in control of the price when you are purchasing in a short sale.
Use the suggestions below to get the best deal on your next purchase. You can also browse online if you want to sell houses in Arizona.
#1: Why Short Sale?
Short sales happen for many reasons. You may not know the full set of circumstances of the short sale, but you can ask what happened to the previous owners. People who had to leave town in a hurry often did not have time to prepare the home.
Short sales are arrangements where the lender has already agreed to take a loss on the house. They will sell the house, but they are not expecting to make any money on the home. You can bid low on these houses because the lenders often want to get them off their hands as fast as possible.
#3: Moving In
You may find items that were accidentally left behind by the previous owners when you move in. Taking over a home in a short sale may leave you with things that you would want the previous owners to have. Ask for the lender for information for the previous owners to send their things back to them.