The short answer is "sometimes". Many people hear the phrase "short sale" and instinctively think of a seller that is in default and must sell their home fast to avert further financial problems. This is at times 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, but property values have fallen. In these cases the reduced price may in fact be consistent with actual market values rather than below.
Are you ready to buy a short sale property?
Use an agent with short sale experience.
Coldwell Banker High Country Realty can aid you in expediting the transaction and make sure you're protected. Don't permit inexperience to hinder the closing process. Put my experience and knowledge to work in your favor.
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