Madison Special Situations
You can utilize this page to monitor foreclosures, short sales, and special situations as they develop within Madison.
Special situations such as foreclosure proceedings, short sale, relocation, and bank owned properties within Madison are monitored and updated automatically on a daily basis.
Madison Short Sale Homes for Sale
A short sale is the term used to describe a special situation where the home owner is attempting to sell their home below what is currently owed on their mortgage. This is often a pre-foreclosure situation where the home owner and mortgage holder are attempting to avoid foreclosure proceedings. It is very important to ensure that the mortgage holder is already involved with the potential short sale.
Madison Foreclosure Homes for Sale
These properties are in the foreclosure process and first right of refusal laws may be binding. These homes often time have short sale pricing however the mortgage holder is more motivated at this stage of the foreclosure process.
Madison Sold-As-Is Homes for Sale
There are a number of reasons why a seller will apply the As-Is attribute to the sale, from a fixer-upper, restored historic home, the current list price is their bottom-line, etc. These properties are unique special situations where the home is being sold As-Is and each opportunity will need to be examined on its own merit.