Buying a short sale can be a great opportunity whether you are an investor, first time home buyer or just looking to move up to a bigger home. Knowing something about the Short Sale process may help you take advantage of that opportunity and help to relief some of the potential stress. The key difference in a short sale vs a traditional transaction is:
Short Sales traditional have a lower sales price
Short Sale transactions traditional take longer to close
Short Sales have Multiple parties involved in the contract approval
Disclaimer: The information provided on this website should not be constituted as legal advice. The content is intended to provide general information about the short sale and foreclosure processes, and should not be acted upon without the counsel of a qualified REALTOR®, attorney, and tax expert.