SHORT SALES

  A "SHORT SALE" IS GENERALLY WHEN THE VALUE OF THE MORTGAGE IS LARGER THAN THE VALUE OF THE PROPERTY.  IT IS WHEN THE LENDER (THE BANK) MAY ALLOW THE PROPERTY TO BE SOLD FOR A PRICE LOWER THAN THE MORTGAGE AMOUNT OWED. THE BANK NEGOTIATES WITH THE SELLER (THE OWNER OF THE PROPERTY) EITHER FORGIVING THE BALANCE OF THE MORTGAGE OR THEY MAY ASK THE PROPERTY OWNER TO PAY SOME OR ALL OF THE DIFFERENCE BETWEEN THE SALES PRICE AND THE OUTSTANDING BALANCE OF THE MORTGAGE.

THAT COULD MEAN A GOOD SAVINGS TO YOU IF YOU ARE INTERESTED IN BUYING THE SHORT SALE PROPERTY.

WE HAVE A NUMBER OF SHORT SALES HERE IN THE MYRTLE BEACH AREA.  THEY MAY TAKE 60-120 DAYS TO CLOSE.  BUT, SOMETIMES, AFTER WAITING WITH HOPES OF THE BANK ACCEPTING YOUR OFFER - THE PROPERTY WILL ACTUALLY GO INTO FORECLOSURE.  THEN WE HAVE TO START ALL OVER.  THERE ARE NO GUARANGEES THAT YOU WILL BE ABLE TO BUY THE PROPERTY EVEN IF YOU OFFER FULL PRICE!!  YOU WILL NEED PATIENCE AND AN AGENT THAT IS GOOD WITH FOLLOWUP.

TO VIEW OCEANFRONT SHORT SALES IN THE

MYRTLE BEACH AREA:    CLICK HERE

TO VIEW "SHORT SALE" HOMES IN THE

MYRTLE BEACH AREA:    CLICK HERE

There are almost 400 short sale homes and I can only list 200 here.  So if you would like to have the entire list, just let me know.  IF YOU WOULD LIKE TO SEE ANY OF THESE PROPERTIES OR IF YOU WANT MORE INFORMATION ON THESE "SHORT SALE" PROPERTIES OR OTHER  PROPERTIES IN THE MYRTLE BEACH AREA PLEASE CONTACT US AT

SHALL523@AOL.COM    OR   800-498-6196