The short answer is "sometimes". Many people hear the words "short sale" and instinctively think of a seller that is insolvent and needing to sell their house promptly to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to take advantage of another's misfortune. In contrast, a lender may consider a short sale even if the seller is current with their mortgage, but property values have depreciated. In cases such as these the "bargain" price may in fact be closer to actual market values rather than below.
Are you ready to buy a short sale property?
Hire a real estate professional with short sale experience.
Cossell Enterprises, Inc can help expedite the transaction and ensure that you're protected. Don't allow inexperience to delay the closing process. Let my experience and knowledge work in your favor.
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.