With the number of short sales steadily increasing in many housing markets over the past few years, chances are high that you’ll encounter this type of sale in your home search. Short sales are now common in many markets.
Or, you may be one of the many homeowners considering the short sale option for your home.
While at one time short sales were viewed as too complex and burdensome to deal with from a buyer’s perspective, this isn’t necessarily the case today.
With the help of an educated and experienced real estate agent, a short sale is not only manageable, but can result in a great deal on the home of your dreams. And for a seller who’s facing foreclosure, a short sale can be the best outcome in a bad situation.
This material here covers the basics. But if you’re going down this route as a buyer or seller, it’s absolutely critical to work with an agent who understands short sales.
- WHAT IS A SHORT SALE ?
- WHAT TO EXPECT WHEN BUYING ?
- WHAT TO EXPECT WHEN SHORT SELLING ?