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Short Sale Homes for Sale in Lake Elsinore: Find a Bargain Today
It is understood that the foreclosure rate in the United States is at an all time high, which is why now is a great time to purchase Short Sale Homes for Sale in Lake Elsinore and get an incredible property at a price that is a real bargain. First and foremost, it is important to understand exactly what a short sale is. A short sale is when a bank is willing to sell a home in foreclosure directly to you, the buyer. The bank is willing to take a price that is usually a bargain. The reason that the bank wants to make the short sale is that it frees up the assets that they have invested in the home and it saves the bank the cost of the foreclosure. Currently, there are 25 listings for short sale properties on our free MLS ranging in price from $124,900 to $240,000.
Short Sale Properties for Sale in Lake Elsinore CA Can Be Yours
There are a few different strategies to go about purchasing a short sale. The first way is to contact a bank directly and ask their financial officer for their most up to date list of properties that they are willing to sell. Some banks will give a potential buyer this information and others will not. A more feasible option is to work with a real estate agent who is familiar with working with short sales, such as Joe McDermott. There are many different options to go about purchasing a short sale home, but it is worth the research to get a home at a great price, and we at CENTURY 21 Preferred can make it happen. can make that a reality. have the know-how to put you in a fantastic home.
Featured Short Sale Listings:
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