Sometimes. Many people hear the term "short sale" and routinely think of a seller that is in default and must sell their property quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to do well from another's misfortune. More commonly, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have declined. In these cases the discounted price may in fact be closer to current market values rather than below.
What's involved in buying a short sale?
Use a real estate agent with short sale knowledge.
E Z Home Search Real Estate Inc. can help expedite the transaction and make certain you're protected. Don't let inexperience hinder the closing process. Put my experience and knowledge to work in your favor.
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