My New Blog

With the economy a little shakey, I have seen a few more short sales than is usual for our Edmond market. What exactly is a short sale? A short sale occurs when the seller's owe more on the house than they can expect in sale proceeds. These sales always take more time to transact. Not only does the seller have to accept the offer, the lender also has to give his blessing. Short sales can be a good value, but they are not for a buyer who wants a house in 30-60 days. Patience is key in these transactions.

If you are interested in short sales or foreclosure properties, please contact me. I will send you MLS information on these houses.