Short Sales In Miami Dade
January 13th, 2008 Categories: For Buyers, For Sellers, Short Sales
It occurred to me that 80% of the home buyers I am working with in Miami are looking specifically at short sales yet I do not have any short sale articles posted on my blog. Hmmm! It’s really because I am busy working the short sales and have not had time to write about them.
I promise to return and dedicate more blog space to short sales but at the very least I’d like to explain what a short sale is.
So… what exactly is a short sale? Very simply put, it’s when a property is being sold for less than the amount owed to the bank(s) on it.
The short sale process is more involved than the traditional home buying process. There are things to look out for whether you are the seller or the buyer in a short sale.
If you need more information on short sales before I have the opportunity to write more posts, feel free to contact me.
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[...] I had to take a guess as to what percentage of Miami-Dade County MLS listings are short sales and bank-owned properties I would guess 30% overall.* I think the percentage may be even higher in [...]