Every now and then a good deal will come along. Most people hear the words "short sale" and automatically think of a seller that is insolvent and needs to sell their home fast to avert further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. In contrast, a lender may consider a short sale even if the seller is current with their mortgage, but property values have fallen. In cases such as these the discounted price may in fact be in line with current market values instead of below.
What's involved in buying a short sale?
Hire a REALTOR® with short sale experience. RE/MAX Performance can aid you in expediting the transaction and ensure that you're protected. Don't let inexperience slow down the closing process. Let my experience and knowledge work for you.
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