Occasionally. Often times people hear the words "short sale" and routinely think of a seller that is in trouble and needing to sell their house fast to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to cash in on 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 cases such as these the reduced price may in fact be in line with true market values, not below.
What's involved in buying a short sale?
Get an agent with short sale knowledge.
RE/MAX Performance can help expedite 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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