August 8th, 2008
Short-Sales, Once Again
I wanted to reiterate the difficulty of purchasing a short-sale property. This article, in BusinessWeek, describes a few different people’s experiences buying short-sale properties around the country. At least it does at the beginning of the article. Read: Tips For The Intrepid
Share ThisPosted by scott on August 8th, 2008 in Real Estate |
September 11th, 2008 at 7:24 am
When a homeowner decides to buy a real estate short
sale they are taking a risk. It could be months before any decision is made allowing them to buy at the offered price. Most people think because the property is listed at that price that it will be purchased at that price but because it is up to the bank it can be denied easily. If a buyer can wait and if they are flexible on their terms, they can get a great deal in some cases.