Many Buyers have been interested in short sale properties recently. Short sales are different than a traditional home purchase in several ways. First, a seller’s lender has the final say on whether an offer is accepted. The listing stays active even after the Seller has agreed to an offer until the lender gives their approval. The process usually takes 90 days or more and success is not guaranteed. This means that a Buyer must have a great deal of patience and fortitude to successful purchase a Short Sale property. With that said, there are some exceptional deals available for the right buyer.
If you are interested in considering a short sale property, please see the Short Sale Addendum.
