From time to time, yes. Often times people hear the phrase "short sale" and routinely think of a seller that is insolvent and must sell their property quickly to prevent further financial problems. This is occasionally the case and can be an opportunity for a buyer to take advantage of another's misfortune. Alternatively, a lender may consider a short sale even if the seller isn't delinquent with their payments, but property values have fallen. In these cases the reduced price may in fact be closer to current market values instead of below.
Use a real estate agent with short sale expertise. The real estate agents at American Dream of Northeast Florida, Inc. can help expedite the transaction and ensure that you're protected. Don't allow inexperience to delay the closing process. Let our experience and knowledge work for you.
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