Mooresville NC - BARGAIN Prices on Short Sale & Pre-Foreclosure Homes

A short sale occurs when the proceeds of a real estate sale fall short of the balance owed on the property. In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's Loss mitigation department. A Realtor can help you through this process and negotiate with the bank on your behalf.

What does this mean for you as a BUYER? Because of the current mortgage crisis and the large number of homes that are facing foreclosure, there are many short sale listings currently available for purchase in Mooresville NC, Lake Norman and the surrounding areas. These homes are available at BARGAIN prices, so they can be sold quickly, before the bank forecloses on the property. This is a WIN WIN for you and the current homeowner.

So, If you are currently in the market to purchase a home near Lake Norman and the Mooresville North Carolina area and would like the help of a Realtor who has experience representing Buyers in short sale deals, GIVE ME A CALL! I'll help you find a great home at a great price!