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San Jose Short Sales Announces Hundreds of Houses for Sale in San Jose
San Jose Short Sales Announces Hundreds of Houses for Sale in San Jose
San Jose Short Sales announces hundreds of houses for sale in the San Jose area. These listings include many short sale opportunities.
San Mateo,
CA,
United States
(pr4links.com)
19/01/2011
UNITED STATES, California (January 2011) – San Jose Short Sales announces hundreds of houses for sale in the San Jose area. These listings include many short sale opportunities.
San Jose Short Sales has access to all listings of houses for sale in San Jose. These listings are located on a search database which allows realtors to locate properties with certain requirements. Many of these houses are listed as short sale properties. Short sale properties are houses for sale in San Jose that are listed at below market prices.
Many houses for sale in San Jose are listed at below market prices to encourage potential buyers to purchase these houses. Short sale properties are greatly reduced because the home owners can no longer afford to pay the mortgage on the house. Therefore, the house is listed at a lower price as a bargain.
The listed price of the house is typically lower than what the owner owes on the mortgage. Therefore, the contract negotiations can be a bit more difficult. The reason for this is because the contract the home buyer submits must be approved by the home owner and the mortgage company. This process can take a considerable amount of time and should be considered prior to submitting a contract on a short sale property.
Many short sale properties exist in San Jose, but the decision to select a short sale should be carefully discussed when looking for houses. The reason for this is because many short sales take anywhere from 1 to 3 months for the contract to be accepted. In this time frame, other houses for sale in the San Jose area may have been sold. These houses may have been the second choices of many potential home buyers. This means while the home buyers were trying for a short sale they missed another house they particularly liked.
Although many short sale houses are currently listed for sale in San Jose, many other types of houses are listed. These other houses may not be at bargain prices, but are wonderful homes in well sought after areas. There are advantages to purchasing houses which are not short sale properties. One of the largest advantages is the negotiating power the home owners retain.
San Jose Short Sales announces hundreds of houses for sale in the San Jose area. This realty company has access to all listing sheets for all homes for sale through a search database system.
Contact:
San Jose Short Sales
www.sanjoseshortsalessite.com