Sometimes. Most people hear the words "short sale" and instinctively think of a seller that is insolvent and needs to sell their home promptly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to do well from 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 depreciated. In these instances the "bargain" price may in fact be in line with current market values instead of below.
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