Buying a home is an exciting and adventurous process filled with many ups, downs, and uncertainties. When you are making what will most likely be the biggest purchase of your life, you want the process to be as smooth and pain free as possible.
The number one way I recommend to go about doing this is to avoid looking at, and putting offers in on short sales. There are some very nice short sales out there, and yes some of them are phenomenal deals, but do you want to be committed to something for months on end when the sale might not even get approved or go through?
I have seen and worked with buyers who have been waiting on bank approval for a property, just to be disappointed and frustrated because the sale never happened. In Orange Park Florida (and most cities around the US) you can get a great deal on a house that is seller owned. A lot of buyers think you have to get a short sale or foreclosure to get a great deal and that's a common misconception.
If you are in the market to buy, exhaust all of your resources for seller owned and foreclosures before you even consider looking at short sales. It is worth it to know that your contract is not contingent upon 3rd party approval....
Jessica Touchton-Buyer's Agent w/ The Landry Team Keller Williams First Coast Realty (904)-534-8416 jtouchton@kw.com
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