When looking around on the internet for Short Sale advice – you can do a lot worse than to draw upon an experts advice. You want to be reading articles and posts that are about the consumer. Someone that knows both sides of the fence intimately.
When your real estate professional is going to approach a Short Sale Seller(agent) on your behalf you want to ask yourself(or your agent) a couple of questions.
- Does the agent I hired work the “sellers” side of short sales?
- What is their track record with the Short Sale Buyers they have represented?
These two questions are very important. The running of real estate properties for sale, for a real estate buyer, does not have to be everything that has been on the market 7 days or less. You will want a full view of the real estate listings for sale.
If you are looking for First time Buyer programs and/or only want to hunt foreclosures – this method will differ.
This is primarily due to the fact some short sales have been on the market over 300 days. However, they have buyers that are not around when the bank’s approval comes through.
Keep watch and enjoy the video below. We hope it answers some of your questions related to Short Sales and the buying of them.