Description
PLEASE NOTE THAT THIS HOME IS BEING SOLD AS A SHORT SALE. QUICK EXPLANATION: A short sale in real estate occurs when a homeowner sells their property for less than the amount owed on the mortgage. In this situation, the homeowner is unable to repay the lender fully, but the lender agrees to accept the lower sale price to avoid a more costly foreclosure. Key points: 1) The mortgage lender must approve the short sale, as they are taking a loss by accepting less than the full loan balance. 2) The homeowner does not receive any profit from the sale, as all proceeds go to the lender to pay off the mortgage. 3) Short sales are often used as an alternative to foreclosure for homeowners who can no longer afford their mortgage payments but want to avoid foreclosure's legal and financial consequences. 4) The process takes longer than an average sale, as the bank must agree to the price and terms. THIS IS AN ABSOLUTE VALUE in Hutto, TX! This 4 bed, 2.5 bath gem features a study, open floorplan, and high ceilings for a spacious feel. Enjoy modern finishes, lots of windows, and a large backyard perfect for outdoor gatherings. With a second living area upstairs, there's ample space for relaxation. Neighborhood amenities include a playground and pool, all just 40 minutes from Austin. Don't miss out – schedule your showing today!
