Yes Virginia there still are short sales.
Ray Shay Broker/Owner Shay Realtors
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People sound surprised when I say that we still frequently get referred short sales. For the newcomers out there, they are homes that the sellers owe more than they are worth. I think they are going to be around for many years.
A short sale is highly preferred over a foreclosure. In a short sale the lien holder or bank normally pays all back taxes, real estate commissions and all other expenses with the exception of HOA Fees. Our team has several Certified Distressed Property Experts that can answer any questions you may have.
If you are pre approved and patient we frequently have short sales you can purchase. Give me a call if you have any questions as either a buyer or seller of a short sale.
- Ray Shay 858-449-4970
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