Fitchburg WI Short Sales
Are you thinking about exploring Fitchburg short sales and REOs? If you are new to Fitchburg short sales and REOs scene, this is a good place to start. If you are experienced with Fitchburg short sales, you may want to skip directly to the link I have provided below that will take you directly to the search results for Fitchburg short sales and REOs.
Fitchburg REOs (real estate owned by the bank) and most WI REOs for that matter, like Fitchburg short sales, are usually listed with real estate brokers and marketed pretty much the same as other listed WI properties, but with some caveats such as they are typically offered for sale in “as is,” condition. Your buyer agent, if he is experienced with Fitchburg short sales and REOs, can help you navigate the process of making an offer on an REO.
But Fitchburg short sales, on the other hand, are still a different animal from REOs. Basically, a short sale is when a homeowner, has experienced a hardship that has led to (or is going to lead to) their inability to make their mortgage payments. What they hope to accomplish with Fitchburg short sales is to get their bank to agree to let them sell the house for less than what they owe and accept the proceeds as satisfaction of their debt. The difference between what they owe and what they can sell the home for is the deficiency or “short”…thus, the definition of Fitchburg short sales.
Short Sales Just Listed in Fitchburg WI
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Fitchburg is a bedroom community adjacent to Madison’s southern border. And like many other WI communities, Fitchburg offers homes and condos in a variety price ranges. There are also Fitchburg short sales and REOs that you may be interested in and I encourage you to work with an experienced buyer agent from the start. One way to make sure your agent is experienced with Fitchburg short sales is to look for the ABR (Accredited Buyer Representative) designation after their name.
Short sales can be complicated and time consuming but if you are a qualified buyer, your buyer agent can guide you through the Fitchburg short sales and REOs process.
Nelson & Associates will Help You Find the Short Sale or REO you Want
Working with a seasoned buyer agent and trained SFR can make searching for short sales and REOs a good experience. Nelson & Associates will work with you every step of the way to make your real estate experience fast, fair and hassle free. Contact us today and we’ll go to work for you right away.
And… if you are thinking about doing a short sale as a seller, Jon Nelson, our Broker, will work to help you navigate the process.