The short answer is "sometimes". Many people hear the words "short sale" and routinely think of a seller that is in default and must sell their house promptly to avoid further financial problems. This is occasionally the case and can be an opportunity for a buyer to cash in on another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current, but property values have depreciated. In cases such as these the discounted price may in fact be consistent with current market values, not below.
How do I buy a short sale?
Hire a REALTOR® with short sale knowledge.
E Z Home Search Real Estate Inc. can assist you in expediting the transaction and make sure you're protected. Don't let inexperience hold up the closing process. Let my experience and knowledge work in your favor.
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