From time to time, yes. Often times people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needs to sell their home promptly to avert 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 with their mortgage, but property values have fallen. In these cases the "bargain" price may in fact be in line with current market values, not below.
What's involved in buying a short sale?
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