Occasionally. Most people hear the phrase "short sale" and routinely think of a seller that is in financial trouble and needing to sell their home fast to avert further financial problems. This is sometimes the case and can be an opportunity for a buyer to make the most 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 declined. In these cases the reduced price may in fact be closer to current 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 delay the closing process. Let my experience and knowledge work in your favor.
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