Get the Best Deal
On a Loft or Condo in Downtown Reno Nevada.
Do you know what the
average price per square foot a loft in Downtown Reno Nevada is selling for today?
Do you know what the average price per square foot was a year ago?
What is the Reno Nevada Loft market
doing today?
What kind of deals can you
get now that the market in Nevada has slowed down?
Can you get a better deal on a
pre-owned or is it better to buy the new construction?
This is information you should
know before making a decision to purchase a loft in Reno Nevada. It's not only a place to
live but a big investment, you need to be informed.
Contact us if you are interested in more information on the Reno Nevada Loft and Condo market.
info@myrenonevada.com
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What is a "short sale"?
A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan.
It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower.
Both parties consent to the short sale process, because it allows them to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.
This agreement, however, does not necessarily release the borrower from the obligation to pay the remaining balance of the loan, known as the deficiency.
Reno Nevada Condos and Lofts
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