Are you looking to take advantage of today’s real estate market?  Currently there are some considerable opportunities in Outer Banks short sales.  It is often quite possible to purchase a short sale that is priced well below tax value.  Start your search for an Outer Banks short sale today.

Often there is a confusion about what exactly a short sale is.  Here is a definition from Wikipedia – 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 current debtor. 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 borrower.