Occasionally. Often times people hear the term "short sale" and instinctively think of a seller that is in trouble and needing to sell their house promptly to prevent 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 depreciated. In cases such as these the "bargain" price may in fact be consistent with true market values, not below.
What's involved in buying a short sale?
Hire an agent with short sale expertise.
Target Cost Realty, LLC can help expedite the transaction and ensure that you're protected. Don't permit inexperience to hold up the closing process. Put my experience and knowledge to work in your favor.
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