From time to time, yes. Most people hear the words "short sale" and automatically think of a seller that is insolvent and needs to sell their home fast 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. More commonly, a lender may consider a short sale even if the seller is current with their mortgage, but property values have fallen. In these cases the reduced price may in fact be in line with current market values instead of below.
How do I buy a short sale?
Hire an agent with short sale knowledge.
Fred Thorne Realty LLC can assist you in expediting the transaction and make sure you're protected. Don't let inexperience slow down the closing process. Let my experience and knowledge work in your favor.
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