The short answer is "sometimes". Many people hear the phrase "short sale" and instinctively think of a seller that is in financial trouble and needing to sell their property fast to prevent 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 fallen. In cases such as these the "bargain" price may in fact be closer to current market values rather than below.
Are you ready to buy a short sale property?
Use an agent with short sale knowledge.
Cossell Enterprises, Inc can assist you in expediting the transaction and make sure you're protected. Don't allow inexperience to hinder the closing process. Put my knowledge and experience to work for you.
Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.