Sometimes. Often times people hear the term "short sale" and routinely think of a seller that is in default and must sell their house fast to avert further financial problems. This is at times the case and can be an opportunity for a buyer to make the most of another's misfortune. In contrast, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have fallen. In these cases the "bargain" price may in fact be consistent with actual market values instead of below.
How do I buy a short sale?
Use an agent with short sale experience.
Coldwell Banker High Country Realty can assist you in expediting the transaction and ensure that you're protected. Don't let inexperience delay the closing process. Let my experience and knowledge work for you.
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