When Home Owners have a piece of property that is no onger worth the amount they originally paid for it – AND – they have fallen behind in their monthly mortgage payments – AND they are able to prove a condition of “hardship” with their Bank – they might be able to qualify for listing their home as a “Short Sale”.
If you are considering purchasing a Short Sale property, you absolutely need to understand the process in order to avoid disappointment and frustration.
What You Need to “DO”
- Locate An Experienced Agent
- Identify Potential Short Sales and View the Property
- Current Market Value & Number of Liens
- Determine if the Seller Qualifies for a Short Sale
- Ask the Listing Agent about the “Short Sale Package”
- Make the Offer
- Wait to Hear from the Bank
- The Bank Accepts or Rejects Your Offer
Sounds simple enough but there is a great deal of information you should still know. Want the full information package? Click here and grab yours for Free! There are many advantages to purchasing a Short Sale:
- Price
- Less Competition
Contact me if you have questions and remember to grab your copy of my Free Short Sale Buyers Guide.




Cell: 804.731.0111
Harris & Associates
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