The real estate market is going through alot of turbulance. Spring Hill Florida is one of the towns that has many short sales on the market place and will continue to get even larger. Short sales are when sellers owe more money than the property is worth to the bank or lender. The seller has a financial hardship and needs to sell the home now for less than owed. The bank then must allow the seller to sell the property for less than the mortgage amount to satisfy the lein. This process can be time consuming for all involved. With out the correct paper work and information, the bank could hold up the process for upto 1 year. Having an agent who specializes in REO (bank owned property) and distress sales will save you time and frustration. Submitting a BPO (Broker Price Opinion) with the listing agreement will speed up the process and give you a better chance of a quick acceptance.
Buy Spring Hill Short Sales with us and save time money and hassle.