I don't want to beat a dead horse, but maybe a nudge wouldn't hurt... Short Sales HELP everyone involved.  Yes, we all know the home owner is provided with a beneficial alternative.  A Short Sale will provide the home owner with a way to get out of the mortgage without going to foreclosure. A Short Sale will create less damage to credit, and have an impact financially for a shorter time period than a foreclosure.

The buyer benefits because they will purchase a home well below market value.  While not as deeply discounted as a foreclosed home, the Short Sales will often be in good condition because the home owner still occupies the home and maintains it.  The motivation for the home owner is to get the home sold, and maintaining it will help accomplish that.

IMPORTANT NOTE:  the buyer MUST be patient... Even in a stronger market like Austin, Short Sales can take months to process, and patience is critical to reaching closing.  We have seen buyers back out due to lack of patience, and have the buyer with the second best offer end up closing on the home only a few weeks later.

Yes, the Short Sale process can be frustrating, and agonizing, but it can also be well worth it!

There are lovely Short Sale homes in great condition all over the Austin market. Take this home at 209 Baldwin in Hutto, Texas...

     This Four bedroom 2 bath, 1 story home has a full 2 car garage, neutral colors throughout, and is very well maintained home

     Its bright, open family room and kitchen are inviting to guests and so convenient for entertaining.  Formal dining area also.  Kitchen has a nice big breakfast area and from there you can step right out onto the covered patio...great for grilling!  The hard tile floors and backsplash are beautiful and easy to clean. 

     Master suite is spacious and has full bath with tub, separate shower and walk-in closet.

     The kids will love the jogging/biking paths, community pool & playground.  And you’ll love the location with quick access to new toll roads! 

      Yes, this home is a Short Sale, and yes, the purchaser will get it below market, it is currently priced at $190,000, and yes, everyone will benefit.