Almost 2 acres on large corner lot! Open Ranch w/large kitchen & breakfast nook. Gorgeous oak cabs, Andersen &
Pella Windows & Doors, 6-panel stained doors, huge pantry and large island. Large walkout basement ready to finish.
Beautiful and private views from the large deck in back. One year old roof. Custom marble in master bath. Slate Tile
entry.
"the sale of this home is contingent upon the seller receiving an acceptance from all lien holders -
property is being sold "As-Is" - Short Sale Disclosures must be signed and accompany all offers"
FOR MORE INFORMATION ON THIS HOME OR IF YOU ARE CURIOUS ABOUT HOW A SHORT SALE
WORKS, PLEASE CALL RON HENDERSON, KELLER WILLIAMS REALTY AT (816) 651-9001.
The market values of properties can work against you in a short sale more than you would think. Lenders are not fools and they are completely aware of what the market values are at any given time. If the current lender thinks that they can get a better deal on the home in foreclosure then that may wait it out. The only real time they will accept a short sale is when the short sale price meets the market value.
Another reason is that the seller had paid too much for the home to begin with. If the home sold for 500,000 just a short few years ago and now is for sale 100,000 less, it does not mean that the buyer has just gotten some free money. It means that the seller has no equity at all in the property.
Posted by: home buyer | April 07, 2011 at 03:47 AM