From time to time, yes. Many people hear the term "short sale" and automatically think of a seller that is insolvent and needing to sell their home 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 instances the reduced price may in fact be closer to true market values rather than below.
How do I buy a short sale?
Use an agent with short sale expertise.
E Z Home Search Real Estate Inc. can assist you in expediting the transaction and make sure you're protected. Don't permit inexperience to impede the closing process. Put my experience and knowledge to work in your favor.
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