Short Sales
You May Not Be Getting As Good A Deal As You Thought
Think Again—The Uncertainty of a Short Sale
- Many Short Sales attract multiple offers or bidding wars so you can’t be certain that your offer will be accepted.
- When offers are submitted on Short Sale properties it typically takes 60-90 days for the bank to
respond. And they often counter with a higher purchase price.
- Short Sale purchase transactions take very long to complete and buyers are subject to changes
in interest rates and market conditions.
- Short Sale properties are sold as is and the buyer is responsible for any defects, deferred
maintenance, termite damage, or repairs on the home.
- Short Sale properties can be subject to vandalism or neglect by the current occupant when the
home is left unoccupied. The new buyer is responsible to repair any damage.
A new Rivendale home provides many benefits over a short sale home!
- Ten year new home warranty.
- Fully staffed warranty department to quickly respond to any issue that may arise.
- Peace of mind knowing that when you sign a contract to purchase a new Rivendale home, it
will be accepted within 72 hours, allowing you the opportunity to lock in your interest rate, your
purchase price, and your closing date.
- Typically, new homes are a better value and appreciate faster than a re-sale home.
- A new home is more energy efficient and will typically result in lower utility bills than that of an older home.
- Rivendale Homes allows you the ability to personalize your new home and pick the finishes and colors you desire.
- A new Rivendale Home is built to a higher standard. Today’s building codes and our
eleven step third party inspection process
insures you are purchasing a home of higher quality.
