Short sale Properties | Real Estate IDX Website |

Features of Short sale Properties:

IDXMatrix features all properties listed under “Short Sales properties” (also known as pre-foreclosure properties: those whose value has dropped considerably in the recent time) right on the agent website. As the buyer now owes more money to the lender than the house is worth, they can proceed with a short-sales option. All such sales, however, can only take place with the permission of the lender.

How Short sale Properties Work:

Properties listed under “short sale” are sometimes sold for prices way below their mortgage amount. Although the seller still needs approval from the lender, but the buyer can make substantial savings on their purchase. IDXMatrix websites list all short sale properties so that users can start browsing the properties closest to their present location, if they so desire.

Benefits of Short sale Properties:

IDXMatrix displays the status of all such short-sales properties in a locality on the agent website, so that users can get the opportunity to purchase good properties at low prices.

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