When shopping for real estate in Queens for your personal use or for an investment, you may be searching for a great deal on a quality property. Queens is a large and popular borough with charming residential districts each with their own personality or flair. Finding a great property that is suitable for you amidst all of the options can seem challenging, but our team at Asking Price Realty is committed to helping you find the right property for your needs. One of the more common questions we are asked relates to finding a short sale property. A short sale property is a property that has a sales price less than the amount of money that the current owner owes on it. This may include mortgages as well as other liens. For the seller, this means that the seller will need to make additional arrangements to pay off the existing liens on the property before title can be conveyed to the buyer at closing. Typically, these are properties that have a foreclosure pending, and the seller wants to sell the property for a loss to avoid foreclosure. As a buyer, you may find that a short sale property has a reasonable sales price that is suitable for market values and that the seller is motivated to close quickly. There are benefits to you as a buyer to look for short sales, but it can be difficult to find short sales. Through the Asking Price Realty website, you can customize an online search today to find active short sale listings in the community within a matter of minutes. We have a comprehensive database of active listings that you can use now, and we update our listings regularly as new properties hit the market. Put our website to work for you, and contact us directly for personal assistance with your property search.
To get Pre-Approved for a short sale mortgage in Queens call 718-520-4000 or visit MortgageDepot.com