Short sales in Houston Texas

Houston Texas Short Sales Updated December 19th, 2008.

Short sales less than $100,000

Short sales $200,000 to $300,000

Short sales $300,000 +

Short sales occur when a mortgage company agrees to take less than what the current homeowner owes on the property. While they can be challenging to purchase, they can also represent instant equity for the new purchaser. Bear in mind that banks are not in the business of owning property, they are in the business of making loans. Although recently you might not think so if you’ve applied for a mortgage! That’s for another post…

Houston is HUGE! I’m sure you’re considering specific areas of Houston.  Email me homes@searchclearlake.com or call me at 281-336-3175 and we’ll talk about your particular needs. That way, I can set up a home search that will alert you when the best new buys become available.