Occasionally. Many people hear the phrase "short sale" and instinctively think of a seller that is in financial trouble and needing to sell their house fast to prevent further financial problems. This is sometimes the case and can be an opportunity for a buyer to cash in on 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 in line with current market values, not below.
Get an agent with short sale expertise. The real estate agents at Pacific Properties can aid you in expediting the transaction and make certain you're protected. Don't allow inexperience to slow down the closing process. Let our experience and knowledge work for you.
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