Aug
9
Short Sales in Montgomery County PA
Posted by under For Buyers, For Sellers, Regional News, Pennsylvania
I was pulling up some statistics in our local MLS system. According to Trend, there are 167 short sale properties that are actively for sale in Montgomery County PA. These are homes that are Active and have not gone under contract.
There are 52 Pending properties that are being advertised as short sales.
A short sale occurs when a homeowner owes more on the mortgage than what the home is worth, and they make a request to the bank to lower their payoff in order to sell the property.

If you are in need of short sale assistance in Montgomery County, or you are interested in purchasing a short sale in Montgomery County, give me a call.
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