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Shortsales / Foreclosures

SHORT SALE SELLER RESOURCES

We, at Lakes Area Realty, appreciate you choosing us as your real estate professionals. We hope to help you better understand the foreclosure process and how we can assist your needs. Please keep in mind, we are Realtor assisting you in succe...

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DISTRESSED PROPERTY DEFINITION

Distressed Properties Lender mediated properties are otherwise known as short sales or properties that have been foreclosed upon. In the peak of the real estate crisis, lender mediated properties accounted for nearly 30% of all real estate tra...

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SHORT SALE BUYER RESOURCES

Short Sale Equity Purchase Benefits While buying a short sale can be an exercise in patience for the buyer, these properties can offer some of the highest equity positions in the market place. The reason being that normally these properties h...

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FORECLOSURE BUYERS INFORMATION

Lender Owner Purchase Benefits Lender owned properties have gone through the foreclosure process and are now owned outright by the mortgage holder who repossessed the home. One big benefit to lender owner properties is closing timelines are k...

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