Frequently asked questions : “What’s a Short Sale?”

A question that I hear quite a bit while working with buyers in Lancater County is "What is a Short Sale?" These types of 'distressed sales' have become more common because of the market conditions over the past few years, so lets go over what they are and how to spot them while searching for your Lancaster County home on our website.

A short sale occurs when someone selling their home owes more on that home then it is worth and can't afford to bring the difference in cash to the settlement table. Basically, that seller would be going back to the bank and asking them to take less than what was originally promised in the mortgage note.

Lancaster County Short Sale

For example, Joe & Sally Smith bought a home in Lititz…

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Did you know? Lancaster's Best Real Estate Search is Ready on the Go!

Not everyone has all day to search for the home of their dreams behind the comfort of their computer screen. You've got places to go and people to see! Well, we understand and that's why we made our site mobile optimized, meaning that it's just as easy to view homes on your tablet or smartphone as it is the computer screen. 

Lancaster Real Estate Mobile Optimized Site

So, what are you waiting for? Go out there tackle what you need to and find the home of your dreams here in Lancaster County on our mobile optimized site from wherever you happen to be. 

As always, if you are looking for homes for sale in Lancaster County, please feel free to contact me using the information on this site.

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Here's a picture I took this morning in Grandview Heights on a beatiful spring morning here in Lancaster County. 

You can view some of the listings available in Grandview Heights below. If you would like to view them all, you can visit the Grandview Heights community page.

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Beautiful, 4.7 acre property for sale in West Hempfield Township perfect for horse lovers. This large private property includes two barns, a salon, garage/shop, and a 1568 sq ft rancher. 

West Hempfield Home for Sale

You can view more information about this Hempfield School District property by following this link: 
602 Summit Drive Lancaster, PA

You can also take a look at similar properties to this one below:

 

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Manheim Township is a highly desirable school district in Lancaster County and home to many luxury neighborhoods. Some buyers assume that Manheim Township real estate is out of their price range, but in fact there are many affordable homes to be had! 

You can take a look below to find a list of MT homes for sale priced under $250,000. To search for more homes in Manheim Township, go to RuttRealEstate.com/idx

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