What is a Short Sale?
A Short Sale is a win-win solution for the home owner, the lender, and the buyer. The lender gets the highest price for a quick sale at the current market price. The borrowers get their credit restored and generally get relief from possible future legal actions and deficiency judgments.
A Short Sale occur when borrowers sell their property for a sales price less than the amount owed to their lender(s) after all sales expenses, including brokerage fees, are taken into account. In order for this to take place the lender(s) must accept a discounted payoff; meaning the bank(s) get paid less than the full loan amount owed. In a short sale, the homeowners get complete relief from all of their mortgage debt.
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The end result is the condo or home is sold, the mortgage is satisfied (paid off) and the seller avoids a foreclosure or a bankruptcy in the event of hardship. Perhaps even better, a sellers credit rating will almost immediately improve because your credit report shows that your mortgage was paid in full.
The Jerry Pinkas Short Sale Team, is committed to providing outstanding service and value to buyers and sellers. We are widely recognized as the preeminent Real Estate Sales Team in the area. We are known for developing quality working relationships with our clients; relationships based on respect, integrity, and trust. The Jerry Pinkas Short Sale Team is proud to have developed beneficial relationships with lenders, inspectors, contractors, and a wide range of housing professionals. We pride ourselves on building a solid foundation for your home to rest upon. Whether you are purchasing, selling, or both…we ensure that you have the support you need to make to make sound decisions and receive the best deal possible. We go the extra mile for you!
North Myrtle Beach Short Sales
There is always something to do in North Myrtle Beach no matter what time of year. The city is famous for its festivals and music concerts. The city is also home to the dance called “The Shag” which originated in this area. The recent downturn in the economy affect this area but it is recovering and listing prices are increasing. Short Sales In North Myrtle Beach include condos for sale on the oceanfront to large family homes.
Short Sales Carolina Forest
Carolina Forest is ideally located between Myrtle Beach and Conway. This is a 9000 acres planned community and is one of the fastest growing and most desirable areas to live in Horry County, South Carolina. The community started in the 1990s and has grown to over 56,000 residents. We can help you sell your home in Carolina Forest whether it is a short sale or a regular listing. For buyers, we can find the right home of you.
Myrtle Beach Short Sales
Myrtle Beach is one of the fastest growing real estate markets in the nation. The area offers attractions for tourist and locals alike. From oceanfront condos for sale to golf course homes, you can find the ideal home for your family. JP Real Estate Experts have the handle on locating the bargains or handling your short sale. Call us today for the assistance you need.