This is a Short Sale subject to existing lender's approval which could result in delays. A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers. This house is on a corner lot, in good condition with total of 5 bedrooms, 2 bathrooms, car garage has been enclosed providing a seperate entrance door to two of the bedrooms. We provide fast and efficient negotiations. Your offer is greatly appreciated and will be treated accordingly. All information provided is believed to be accurate but needs to be verified by buyers and/or agents. --------------------------------------------------------------------------------
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