Venice FL Short Sales
I just added a page to my Venice FL real estate for short sale properties: http://www.davidbarrhomes.com/#!venice-fl-short-sales/c1h1v What are short sales? Short sales occur when the home is worth less than the mortgage amount, and the owner is experiencing financial hardship. They must prove hardship to their lender. Short sale property in Venice, FL Are short sales easy to buy? More is involved in buying a short sale than a regular transaction. Sometimes the lender provides a price in advance at which they agree to sell the property. Most times the listing real estate agent sets the price to get an offer, which is then submitted to the lender for approval. The bank may agree to sell the home at a price higher than list price. The buyer may also have to pay past due homeowner or condo association fees, past due property taxes, or any other outstanding liens on the property to get clear title at closing. How do sh...