Occasionally. Many people hear the term "short sale" and instinctively think of a seller that is in default and needs to sell their home quickly to avert further financial problems. This is at times the case and can be an opportunity for a buyer to do well from another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current with their mortgage, but property values have fallen. In cases such as these the discounted price may in fact be closer to true market values, not below.
What's involved in buying a short sale?
Get an agent with short sale experience.
RE/MAX Performance can help expedite the transaction and ensure that you're protected. Don't permit inexperience to slow down the closing process. Put my experience and knowledge to work in your favor.
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