Sometimes. Many people hear the term "short sale" and instinctively think of a seller that is in default and needs to sell their house quickly to avoid further financial problems. This is occasionally 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 "bargain" price may in fact be closer to actual market values rather than below.
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