Sometimes. Often times people hear the words "short sale" and automatically think of a seller that is in financial trouble and needing to sell their home quickly to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to take advantage of another's misfortune. More commonly, a lender may consider a short sale even if the seller is current, but property values have depreciated. In these cases the reduced price may in fact be in line with true market values instead of below.
What's involved in buying a short sale?
Use a real estate professional with short sale expertise.
Connection Realty LLC can assist you in expediting the transaction and ensure that you're protected. Don't permit inexperience to impede the closing process. Let my experience and knowledge work for you.
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