BOWIE MD SHORT SALE LISTINGS - HOMES FOR SALE IN BOWIE, PRINCE GEORGE'S COUNTY, MD SHORT SALE LISTINGS
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
SHORT SALES IN BOWIE, PRINCE GEORGE'S COUNTY, MARYLANDWHAT IS A "SHORT SALE"? A "Short Sale" occurs when a bank or mortgage company agrees to accept a payoff of a mortgage for less than the home owner owes. This may mean real opportunity for home buyers. The bank has agreed to accept less than the owner owes. Home buyers who are in the market for a home in Bowie, MD, should include short sales in the homes under consideration for purchase. There may be a real opportunity to acquire a home in your area of choice for less than market value. YOU MUST BE PREPARED. When including homes advertised or listed as "short sale", you must be pre-approved or at least pre-qualified with an appropriate lender's letter stating that you have the income to qualify, the money to close and the credi...