Jerry Pinkas Real Estate Experts - Myrtle Beach Short Sale

MYRTLE BEACH, S.C. - July 24, 2013 - PRLog -- Myrtle Beach Short Sale (http://www.myrtlebeachshortsaleteam.com/)

If you are looking for real estate in Myrtle Beach, you've probably come across some Potential Short Sales. What is a short sale? It could be a great deal waiting to happen, or it could be a potential nightmare for someone who doesn't have experience. It's important to find a Buyer's Agent that is experienced with these types of transactions that you can trust. They can typically take about 3 months if everything goes right, but can also take much longer. That is why it is so important to make sure you are ready to commit to a sale, your financing is in place, and pre-approval letter in hand. Your short sale specialist should be able to help you find out what you'll need.

So how does a short sale work? In a typical sale, the previous mortgage is paid off when everyone goes to closing, and the seller walks away with anything left over. In a short sale, however, the fair market value may not be enough to cover the mortgage. If a home is upside down in their mortgage, the bank may agree to take fair market value from a buyer, and let the seller walk away from the remaining debt.  A Myrtle Beach Short Sale (http://www.myrtlebeachshortsaleteam.com/) can be a great solution for everyone involved! The buyer gets a great deal, the seller gets a fresh start, and the bank writes off a troubled debt.

If you are in over your head with your home, and you want to find out if you would be eligible to short sale your home, call the Jerry Pinkas Real Estate Experts. They have a Short Sale Specialist with years of experience in saving people from their sinking debt. Interested in finding a short sale, or maybe just have some questions on where to start? Check out Myrtle Beach Short Sale (http://www.myrtlebeachshortsaleteam.com/) on their website www.homeguidemyrtlebeach.com or call them at (843) 839-9870