Sometimes. Many people hear the phrase "short sale" and instinctively think of a seller that is insolvent and needs to sell their house promptly to prevent further financial problems. This is sometimes the case and can be an opportunity for a buyer to take advantage of another's misfortune. On the other hand, 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 "bargain" price may in fact be closer to actual market values rather than below.
What's involved in buying a short sale?
Hire a real estate agent with short sale experience.
Ender & Associates Realty can aid you in expediting the transaction and make certain you're protected. Don't let inexperience delay the closing process. Put my experience and knowledge to work in your favor.
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