The answer to this question – “Can I get a home for under market value in a Short Sale?”
You will be backed up by your bank’s appraiser when approaching any Short Sales after you have an accepted offer and after the short sale has been “approved”. That could be a time frame that equates to months after the initial offer was written.
In a declining market where has the original value gone over a time frame of months? Exactly, down – which will be emphasized when your appraiser has a look at the property. I say “your appraiser” with a bit of a “tongue in cheek” grin.
Actually, the appraiser does not care about you in the least. Usually that would be a statement that one would take offence at. But in this case, I think that is totally advantageous to you as a buyer of real estate.
The appraiser wants to do the best evaluation and establishment of sales price possible for the bank that employs them. (that means, most of the time, a lower appraised value)
Below is our Newest Short Sale Listing.
(if you don’t see it, 24349 Alyssum Place – Valencia CA, 91354 – then it has sold – but there are others)
Below that we have placed all of the Short Sales that are in all of Southern California – then the Short Sale listings that are only within the Santa Clarita Valley in list form.
[idx-listings linkid=”146793″ count=”7″ showlargerphotos=”true”]
[idx-listing mlsnumber=”F11104664″ showall=”true”]
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