Sometimes. Many people hear the words "short sale" and instinctively think of a seller that is insolvent and needing to sell their house fast to avert further financial problems. This is occasionally the case and can be an opportunity for a buyer to make the most of 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 declined. In these cases the discounted price may in fact be closer to actual market values rather than below.
Are you ready to buy a short sale property?
Get a REALTOR® with short sale experience. Wendy Thomas, Allen Tate Realtors can help expedite the transaction and ensure that you're protected. Don't allow inexperience to impede the closing process. Put my experience and knowledge to work in your favor.
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