Occasionally. Many people hear the term "short sale" and instinctively think of a seller that is in default and must sell their house quickly to avoid further financial problems. This is sometimes 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 is current with their mortgage, but property values have fallen. In these instances the reduced price may in fact be consistent with actual market values rather than below.
What's involved in buying a short sale?
Use an agent with short sale experience. Fenton Real Estate can assist you in expediting the transaction and ensure that you're protected. Don't permit inexperience to slow down the closing process. Put my experience and knowledge to work in your favor.
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