859-514-8993 - http://www.lexingtonhomessearch.com - We can help. Call us to discuss short sale options. Lexington Short Sale Specialist with Keller Williams Bluegrass Realty. If you are looking to buy, feel free to use our Online Central Kentucky MLS search and Property Finder at http://www.lexingtonhomessearch.com - It's FREE and Online NOW.
Here are some things you want to know before making a decision to buy a short sale in Kentucky.
·• There are frequently multiple banks involved that must give permission to short sale.
·• There are frequently other types of liens that could prevent the short sale from closing.
·• The seller must review the banks terms and agree to items such as....bringing money
·• The bank CAN and DOES counter the sales price
·• The bank is looking for fair market value and will have the property valuated.
·• The property is most often sold *AS - IS* - You get what you get.
·• Short Sales can go to foreclosure even after everyone is under contract.
If you are considering purchasing a Kentucky Short Sale, make sure you have an experienced team of Lexington Short Sale Agents on your side. Your buyer specialist MUST be trained in short sales to truly understand the process start to finish. The Mahon Group closes Lexington Short Sales and understands the Short Sale Process from the sellers side, the banks side, and the buyers side.