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How Do You Buy A “Short Sale” House?

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How Do You Buy A “Short Sale” House?

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It’s a perfect time to buy a Short Sale – a great deal in the real estate market. Some sellers are forced to sell their homes without profit. During a “short sale”, the home is being sold less than the cost the owners owe for the loan on their home. Here is how to go about negotiating the best price on a short sale home. Step 1 jQuery(document).ready(function(){ jQuery(‘#jsArticleStep1 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/GlobalPhoto/Articles/2186920/realtor_Full.jpg’); }); Find a good realtor Choose a licensed realtor that preferably has worked with short sale property before. (You can request one through www.LocalRealtorReferral.com – see the link below – and get a realtor with short sale experience to help you navigate the short sale market with a free referral) Step 2 jQuery(document).ready(function(){ jQuery(‘#jsArticleStep2 span.image a:first’).attr(‘href’,’http://i.ehow.com/images/GlobalPhoto/Articles/2186920/houseforsale_Full.jpg’); }); Find a desirable pr

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It’s a perfect time to buy a Short Sale – a great deal in the real estate market. Some sellers are forced to sell their homes without profit. During a “short sale”, the home is being sold less than the cost the owners owe for the loan on their home. Here is how to go about negotiating the best price on a short sale home. Choose a licensed realtor that preferably has worked with short sale property before. (You can request one through www.LocalRealtorReferral.com – see the link below – and get a realtor with short sale experience to help you navigate the short sale market with a free referral) With your realtor, find a property for your residence or investment that is being short sold by the seller. Properties may be advertised this way or not, but the longer a property has been on the market, the more price reductions it may have and will have a greater chance at being short sold by the seller. Wording in the listing that all offers will have to meet seller’ s bank approval is a tip of

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