The real estate world of today has evolved into selling mechanisms that have different variations. One of the methods that is truly being used today is called a "short sale". A short sale is different than a foreclosure in that the owner of the property is not the bank but in fact still the owner of record that has fallen significantly behind in their mortgage payments. The owner of the property has entered into an agreement with the bank to sell their property for less than the current balance of their mortgage. The owner of the property obtains a realtor who works with an asset manager to assist the homeowner in selling their property in lieu of foreclosure. This process can and very often does take more time to complete than the normal real estate transaction. The listing price is an approximate figure and may be higher or lower depending on the particular situation. Short sales on the whole will not assist in closing costs or repairs, however can be a great bargain to the buyer who has time to wait. Please contact me for more information on these or any other properties.
Cash Investors called for great opportunity. Huge corner lot, repair, remodel and updating needed on this excellent Ridglea Hills home. Built for entertaining with three living areas, game room with F.P. & wet bar, & den open to kitchen. Kitchen has 25' of breakfast bar! Updates include granite countertops in kitchen, wood flooring, huge covered patio, green house, wrought iron fencing and built in outdoor natural gas grill and
Short sale, investor special, this one will need work, but it has potential to really shine. Bring your imagination! Large home on a corner lot with 3 bedrooms, 2.5 baths, two living and two dining areas! Fantastic location just off I-30 and 820. Walking distance to elementary and middle schools. Any available minerals will be transferred to new owner. Offer has been accepted contingent upon short sale approval by bank
Chad SmithKeller Williams Arlington
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
Listing information last updated on February 25th, 2018 at 11:15am CST.