The key to a short sale is to make a strong offer right when the home comes on the market.
Huntington Beach, CA (PRWEB) October 24, 2012
Beach Cities Luxury Homes congratulates Jim Knoska for his sale this week in the Huntington Beach waterfront gated community of "Sea Cove at the Waterfront" which closed escrow today for $612,500. The condo featured two full bedrooms and baths with great city views where Jim represented the buyers. Sea Cove is a quiet community that features water close and bay front condos for sale.
The listing was sold as a short sale and was subject to the bank's approval of the seller's financial hardship and the fair market value of the buyers offer. The short sale process can be tricky for a lot of buyers who don't understand how the process works. It can be equally as frustrating in competing against other buyers in the marketplace. The low inventory of properties has caused a huge demand for these well priced distressed properties. "The key to a short sale is to make a strong offer right when the home comes on the market" according to Knoska. Being able to communicate with the listing agent and the seller that the buyer will be able to close the transaction is crucial in a short sale transaction.
For those who are looking to live in the Huntington Beach area should locate a local agent that is well versed in the community. Many homes sell very quickly and it's important to have a local agent that can help seal the deal. For additional information on Huntington Beach Real Estate simply go to http://www.huntingtonbeachrealestate.com or call Jim direct at 949-547-1820 today.