Every now and then a good deal will come along. Often times people hear the phrase "short sale" and automatically think of a seller that is in default and must sell their home promptly to avoid further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on 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 these cases the "bargain" price may in fact be consistent with actual market values rather than below.
What's involved in buying a short sale?
Get a real estate agent with short sale knowledge.
Petrovich Realty can assist you in expediting the transaction and make certain you're protected. Don't let inexperience hinder the closing process. Let my experience and knowledge work in your favor.
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