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foreclosures: The Naked Truth About Short Sales And Pre-Foreclosures. - 11/17/08 01:20 PM
It looked so appealing on MLS, didn't it. The price is $90,000 below list/sale from two years ago, in a decent and workable area; your buyers are not only qualified but ready to go with their loan package, and the home? On market for 135 days. What could possibly be wrong? 
Everything.
From special As-Is bank addendums and prerequisites such as dictating what type of lender and loan the seller will accept, to winterized and locked down homes buyers are expected to restore during the inspection process, greatly extended escrow days and lots of last minute grenades going off before closing and recording, … (3 comments)

 
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Gene Dexter, Seattle Realtor

Seattle, WA

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Asset Realty

Office Phone: (425) 250-3301

Cell Phone: (206) 604-1276

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The song stylings and pointless riffing about real estate, brought to you by that jazzy agent and Industry observer, Gene Dexter @ www.GeneDexterHomes.com !



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