Summerlin Short Sales

Unfortunately there are people who need to sell their home but have negative equity. When that situation arises, sometimes the lender will allow the seller to do a "short sale", which is where they agree to take less than what is owed to avoid foreclosure. If you are interested in purchasing a short sale there are some caveats to be aware of. For instance it usually takes longer than the usual 30 days to close since the lender has to approve everything and they move quite a bit slower than the average seller. Also there is no guarantee that the lender will accept your offer on the home, even if it is a full-price offer. Bill Zinsser has years of experience helping buyers with short sales, and he can help you to.  Click the green button below to see if there are any Short Sale homes for sale in Summerlin today.