Foreclosures are sold as~is! That means condition of property and title! Buyer be wise. I do specialize in selling foreclosures, but I write the offer to where you will get property as~is. NOT TITLE!
EXAMPLE: I sold a manufactured home in April 2006~ Listing said Home + 1 acre~ I did my research and what a surprise~ It was a 2 acre tract of land. I wrote offer on property and requested to clear up this issue. My buyer now has 2 acres! She thanks me very much all the time. Not only a client, but now a great friend and a referral source. clear title to go with property as well!!!
Short Sales are where the seller overpaid for a property and they actually owe more than its current value.
The bank will usually take less than what current value is.
In some cases, even if person owes less than value~bank will sell versus going through a foreclosure.
Either option is a very lengthy process. Don't think that you will get to close in 30 Days! Most take at least 60+ Days!
Paying cash gives you more buying power!
Feel free to contact me via email info@myrtlebeachhomeandloan.com Chris Webster 1091 Redi Mix Road Ste C Little River, SC 29566
Cell Phone: (843) 450-1915
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