Occasionally. Many people hear the words "short sale" and routinely think of a seller that is in trouble and must sell their home fast to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on another's misfortune. More commonly, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have declined. In these instances the discounted price may in fact be closer to current market values, not below.
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