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Buying a Short Sale Home in Edwardsville Illinois

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Real Estate Agent with RE/MAX Alliance in St.Louis' Illinois suburbs 475.122155

Edwardsville IL Short SalesBuying a Short Sale Home in Edwardsville, Illinois

If you're interested in purchasing a short sale home in Edwardsville, Illinois, there are currently some good choices for the right buyer.

As of today there are eight short sale homes in Edwardsville, many of which are located in some of the area's most sought-after neighborhoods. (That's not one of them pictured to the right. That's the lovely Edwardsville Public Library.)

The number of short sale properties available in Edwardsville is subject to constant change, so for a list of those on the market as you're reading this post, email me at Nancy@GoshenRealtyGroup.com and put Short Sale List in the subject line.

So who is the right buyer for an Edwardsville IL short sale? It's you if you have:

1.) Patience -- Short sales can take time and the lender is in control of the timetable. If you can't live with this, don't try to buy a short sale home.

2.) Focus -- Knowing what you want and need in a home at the beginning of the search will save you time and effort. I have a series of questions you should ask yourself before buying a short sale or conventional property.

3.) No Time Sensitivity -- If you don't have to be out of your apartment, rental home, parents' house, friend's sofa, or hotel room on a certain date, you might be perfect as a short sale buyer. Or if you don't have to sell your existing home to be able to buy your next home, that's even better. Because of the lender controlled timetables mentioned above, you must be flexible in your closing/moving arrangements.

4.) Commitment to the Process -- Your short sales purchase may take longer than you think it should, but I am here to tell you that is normal and if you want that particular home you must be committed to sticking with the process.

5.) Lender Pre-Approval -- Don't bother to look at short sales if you are not pre-approved for your loan to purchase. It will waste your time. Need a lender? Call me and I will give you a list of good, local lenders who have closed transactions with my buyers this year and can issue quick pre-approvals to qualified individuals.

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Enjoy life in the (618) area code in Southwestern Illinois, St. Louis' Illinois suburbs. SEARCH FOR HOMES HERE.

 

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I help good people buy and sell good homes in St. Louis' Illinois suburbs, with special emphasis on the Metro East communities of Edwardsville, Glen Carbon, Maryville, Collinsville, Troy and surrounding areas in Madison County, Illinois.

Are you a teacher, firefighter, law enforcement officer, medical professional or active duty or retired military? Then ask me about Homes for Heroes, offering substantial savings on home purchases. Learn more at Homes For Heroes.

For more information or to search for homes, visit my sites at NancyMilton.com618Life.com, or GoshenRealtyGroup.com or send an email to me at Nancy@GoshenRealtyGroup.com. Text or call Nancy Milton Holtzscher, your Edwardsville Realtor, at 618-791-8007 any time.

REMAX Preferred Partners is located at One 157 Center, Edwardsville, IL 62025, 618-791-8007 (direct) 618-655-1188 (office). We're easy to find on IL-157 in Edwardsville between Pasta House Co. and Shenanigans. Each office is independently owned and operated.

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