The short answer is "sometimes". Often times people hear the term "short sale" and routinely think of a seller that is insolvent and needs to sell their property promptly 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 is current, but property values have declined. In cases such as these the "bargain" price may in fact be in line with true 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 help expedite the transaction and make certain you're protected. Don't permit inexperience to hold up the closing process. Put my experience and knowledge to work in your favor.
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