Looking to buy a short sale?

A short sale means the seller's lender has agreed to receive a reduced amount to release a mortgage. For more information, you can contact me through my site or e-mail me. I'm happy to address any questions you have about real estate short sales.

Purchasing a short sale in Blaine, Minnesota on your own is risky. Contact John B. Udermann - Edina Realty Inc for expert advice.

Are short sales bargains?

Occasionally. Many people hear the words "short sale" and automatically think of a seller that is in default and needs to sell their property promptly to prevent further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on another's misfortune. More commonly, a lender may consider a short sale even if the seller is current, but property values have fallen. In cases such as these the reduced price may in fact be consistent with actual market values rather than below.

Are you ready to buy a short sale property?
  • Before you make any purchase offers, do your homework. Using a qualified real estate professional John Udermann - Edina Realty to assist you with researching a property will help you make informed decisions. We can help discover to whom the property is titled, the balance still owed to the lender, and whether or not a foreclosure notice has been filed. Finding this information can help you make a decision about how much to offer.
  • Hire a real estate professional with short sale expertise. The real estate agent John can assist you in expediting the transaction and ensure that you're protected. Don't let inexperience hold up the closing process. Put our knowledge and experience to work for you.

  • Even with an experienced real estate agent and under the best of situations, buying a short sale property will usually take longer than a typical real estate transaction. Be aware that many short sales will not close in 30 days or less. Remember that you're not only having to get approval from the seller, but the lender must also agree to the discounted price. In most cases your offer will go before a committee for approval which will add time - sometimes even 2 to 3 months.
  • Home protection warranties, buyer credits and allowances, and closing cost concessions are usually non-negotiable when buying a short sale. The lender is selling the property as seen which means the lender isn't going to pay for repairs. Be sure to reserve the right to have the property inspected for pests, HVAC, electrical, and other critical areas. When we write an offer, we are looking out for your interests first and foremost and will always advise you to make your offer contingent upon the results of the inspections.

When it's time to buy, whether it is a short sale or a typical home sale, John Udermann - Edina Realty is available for you. Apply our experience and knowledge of real estate to feel confident you are getting a fair deal and will be protected during the entire purchase transaction.

Edina Realty Blaine, homes, townhomes, condos.

Call today for details!

Looking for a GREAT DEAL?

You're at the Right Place to START!

Email me at:johnudermann@gmail.com

SAVE $25,000, $50,000, $100,000 or More...... 

 on New Construction Homes,Starter Homes,High-end homes, Townhomes, Condos,Existing Homes Twinhomes,Foreclosure homes, Bank-owned homes, Reo-homes, HUD homes and Short-Sale homes, BPO-Broker Price Opinion!!!

Buying or Selling?

Call......

JOHN UDERMANN

Number #1 in Exceptional Service.

Edina Realty President's Circle

Contact Info:
Direct Office: 763-755-7653
Mobile: 612-859-6683

Email at:johnudermann@gmail.com

Blaine homes, townhomes and condos search............Click here

Blaine map..........Click here

Blaine city info.....Click here

John Udermann-Realtor

Edina Realty, MN

ZERO down payment Money still available! MHFA


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About John:

I started in the Real Estate business in 1991. I have been an Edina Realty agent since 1997. Over the years I have been recognized as a top producer and have consistently been in the top five percent (5%) nationally. Working directly with my Clients has been key to my success.

Over the years I have developed long-term relationships with my Clients. Many (Clients) have bought/sold with me three, four, or five times! As their needs change, I am there to help them to the next level, be it upsizing or downsizing; moving away from it all or moving closer to the city. And their referrals not only further my business, but also tell me that I have done my job well. My Clients know that I am there for them throughout the entire process, even after the final papers have been signed.

Selling real estate for 20-years has provided me experience in many different market conditions.

No matter what type of market it is.

John Udermann
www.edinarealty.com

You can view All Types of Properties from this site including Condos, Lakeshore, Hobby Farms, Townhomes, Existing and New Construction.

To find out-of-state properties click on: www.Realtor.com


To see any of the homes, town homes or condos, please feel free to contact me at anytime...

Direct 763-755-SOLD (7653)

Mobile 612-859-MOVE (6683)

Office direct 763-557-4503

John B. Udermann

http://www.johnudermann.edinarealty.com

©2003-2007 Edina Realty, Inc. A HomeServices of America, Inc. Company and Berkshire Hathaway affiliate. All rights reserved.

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Albertville, MN

Mahtomedi, MN

Andover, MN

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Annandale, MN

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Anoka, MN

Medina, MN

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Arden Hills, MN

Minneapolis, MN

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Red Wing, MN

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Crystal, MN

Robbinsdale, MN

Delano, MN

Rogers, MN

Eagan, MN

Rosemount, MN

East Bethel, MN

Roseville, MN

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St. Anthony, MN

Edina, MN

St. Francis, MN

Elko, MN

St. Louis Park, MN

Elk River, MN

St. Michael, MN

Faribault, MN

St. Paul, MN

Farmington, MN

St. Paul Park, MN

Forest Lake, MN

Savage, MN

Fridley, MN

Shakopee, MN

Golden Valley, MN

Shoreview, MN

Ham Lake, MN

Stillwater, MN

Hastings, MN

Vadnais Heights, MN

Hopkins, MN

Waconia, MN

Hugo, MN

Watertown, MN

Inver Grove Heights, MN

West Saint Paul, MN

Lake Elmo, MN

White Bear Lake, MN

Lakeville, MN

Woodbury, MN

Lindstrom, MN

Wyoming, MN

Lino Lakes, MN

Zimmerman, MN

Little Canada, MN

Zumbrota, MN

Lonsdale, MN

BLAINE COMMUNITY HIGHLIGHTS

City of Blaine

Blaine School District

Anoka County

National Sports Center
Blaine, MN

Twin Cities North Chamber of Commerce

TPC Twin Cities

Blaine, MN

Minnesota school districts


About Edina Realty


Edina Realty was started in 1955 in Edina MN and has its main office headquarters located at 6800 France Ave Edina MN. (across France Ave from Southdale mall)
Today, Edina Realty is one of the nation's largest real estate companies with more than 90 real estate offices, throughout Minnesota, North Dakota and Wisconsin and more than 3,400 Realtors. Edina Realty's family of companies includes Edina Realty, Edina Realty Title, Edina Realty Mortgage and Edina Realty Relocation. Edina Realty has annual sales of more than $10.2 billion. Edina Realty's unprecedented growth testifies to the strength of our Realtors and employees.

John Udermann-Realtor®-Edina Realty
Edina Realty

www.blaineedinarealty.com

 


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