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Sequim Short Sale Buyer's Agent
If you are buying a home involving a short sale, I offer three key steps to making that purchase a huge success. A "short sale" involves buying a home at a price that is less than the current mortgage balance. A short sale requires the bank's agreement to cut their losses and take a payoff on the loan that is less than what is owed.
Short sales are closing all week long in cities like Las Vegas and Phoenix, but not so much in areas like Sequim and Port Angeles. The procedure and the steps to accomplish a successful short sale here are different than the template for the short sale hot spots around the country. As a real estate attorney who handled many foreclosures and short sales, and now who represents buyers in short sales as a real estate agent, I give you three steps to a successful short sale.
3 Steps to Buying a Short Sale Home
1. Know the process and save yourself from disillusionment. Know that negotiating a short sale in Sequim or Port Angeles will be a slow and tedious process, and the bank can leave you waiting, literally not responding for months. The process can ... more

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