The short answer is "sometimes". Often times people hear the words "short sale" and routinely think of a seller that is in trouble and needs to sell their home promptly to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to make the most of another's misfortune. Alternatively, 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 "bargain" price may in fact be in line with current market values rather than below.
How do I buy a short sale?
Use an agent with short sale knowledge.
E Z Home Search Real Estate Inc. can assist you in expediting the transaction and ensure that you're protected. Don't let inexperience impede the closing process. Put my knowledge and experience to work for you.
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