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TIMES to Sell?

More Money for your Home,Home Selling tips,do's and don'ts

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TIMES to Buy?

More Home for your Money,Home Buying tips,do's and don'ts

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Home Evaluation

Find out what your home is worth, or what the neighbours are selling for

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VIP Buyers Program

Beat other Buyers to Hot New Listings including foreclosure & distressed sales

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0.00% Commission

For Sale By Owner, secrets REALTORS® don't want you to know

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VIP Condo Buyer

Save $$$ Thousands on your next New Condo purchase

Buying a Short Sale

NAHIDI, PARDIS/WEBIMAGES: ar134733536795447.jpgA short sale means the seller's lender is accepting a discounted payoff to release an existing mortgage. Just because a property is listed with short sale terms does not mean the lender will accept your offer, even if the seller accepts it. Be aware that the seller need not be in default -- to have stopped making mortgage payments -- before a lender will consider a short sale. A lender may consider a short sale if the seller is current but the value has fallen. The seller may have over-encumbered, owe more than the home is worth, so a discounted price might bring the price in line with market value, not below it.

In this report you will learn;

  • 6 Things to Know About Short Sales
  • Waiting for Short Sale Approval
  • How Short Sales Work
  • First Home Buyer Grants
  • Mortgage First Time Buyer
  • House Buyer
  • Real Estate Short Sales
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    Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

    The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

    Information is deemed reliable but is not guaranteed accurate by TREB.


    Times Realty Group Inc., Brokerage
    545 North Rivermede Road, Unit 101-B
    Vaughan ON  L4K4H1
    (416) 410-0116