From time to time, yes. Most people hear the words "short sale" and automatically think of a seller that is in financial trouble and needs to sell their house promptly to avert further financial problems. This is at times the case and can be an opportunity for a buyer to cash in on another's misfortune. On the other hand, 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 "bargain" price may in fact be consistent with actual market values instead of below.
What's involved in buying a short sale?
Hire an agent with short sale experience.
Cossell Enterprises, Inc can aid you in expediting the transaction and ensure that you're protected. Don't allow inexperience to hold up the closing process. Put my experience and knowledge to work in your favor.
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