When searching for your new home in the Boston area, your agent may show you a home that is fact what will be referred to as a 'short sale'. Sometimes, the home you are interested in will be a 'short sale'. A 'short sale' occurs when a home is on the market at an asking price for less than what the homeowner owes on it. In a short sale, both the homeowner and lien holder are involved in the selling decision. Buying a 'short sale' usually involves more time and other considerations, so it is especially important to work with a professional that understands these matters. Our agents have the training and expertise to help guide you through the process.
Contact us with any questions about short sales in the Boston area.