Lake Norman Short Sales

The  Lake Norman area is one of the finest recreational and residential  areas in the state of North Carolina.  Situated in Catawba, Lincoln,  Iredell, and Mecklenburg Counties, Lake Norman was created as part of  the Cowans Ford Dam construction in the late 1960’s.  With  breathtaking surroundings and endless amenities and attractions, it  is no wonder Lake  Norman, NC real estate is growing in popularity among those seeking a higher quality of life  and investment in a superlative community.  Among the available real  estate in the area is a variety of Lake  Norman short sales which,  often priced well below the appraised value, can bring a large return  on investment to savvy homebuyers.

Short Sales in Lake Norman

Essentially, Lake Norman short sales are homes which have not yet reached foreclosures, and are being sold  at prices lower than what is owed to the lender.  Because these  properties are being sold for less than what is owed, you will be  negotiating with the lender in order for them to accept the short  sale.  Often, lenders are eager to negotiate as the cost of putting a  property into foreclosure and the fees associated with hiring a  property management company to manage the asset would inevitably cost  more in the long run.  While purchasing a short sale can often be a  little more challenging, as a Certified Distressed Property Expert  (CDPE) Susan Johnson and our staff at Susan Johnson & Associates  stand ready to make your transaction as smooth and successful as  possible.

Short  sales, foreclosures, and REO’s are a fantastic option for  homebuyers who are poised and ready to take advantage of this down  economy, and it would be our pleasure to assist you in your search.

If  you’d like more information on the most recent Lake  Norman short sales and  the most up-to-date real  estate news, please  feel free to browse our site and contact us with any questions. We  look forward to hearing from you and to helping you with all your  real estate needs.