There are a few things you’ll want to do when you begin the process of buying a short sale home in Hartford.
Short sale homes are typically upside down in their value, which means the homeowner owes more to the bank or lender than market value.
The first thing you’ll want to do in buying a short sale home is to enlist an agent with experience. Experience counts in this kind of transaction, as it is very different from any other. As I’ve spent years accumulating knowledge of this process, I can tell you there are always surprises and obstacles, but as I have tackled these issues before, they will only be small bumps in the rode.
Next, you’ll want to start looking for a short sale home to purchase. This is another instance where having me as your agent will be extremely helpful. I have access to homes in Hartford that are selling short sale. This will save hours of time you would have spent searching on your own.
Once you do find a home, we will want to make an offer. When buying a foreclosure home in Hartford, make sure not to make an offer that is ridiculously low, as this may just be ignored. You also don’t want to up your offer in tiny increments. If you want the property, you need to know it’s value and be prepared to negotiate.