From time to time, yes. Most people hear the term "short sale" and automatically think of a seller that is insolvent and must sell their home quickly to avert further financial problems. This is sometimes 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 depreciated. In these cases the discounted price may in fact be closer to current market values, not below.
How do I buy a short sale?
Hire a real estate professional with short sale expertise. Cossell Enterprises, Inc can aid you in expediting the transaction and ensure that you're protected. Don't let inexperience hold up the closing process. Let my experience and knowledge 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.