Using a professional that has experience in handling the Short Sale process is crucial for the successful completion of a short sale transaction. It is just as important for that professional to have a firm understanding of the Foreclosure process from beginning to end. Short Sale transactions can be very complicated in that the standards of practice in the real estate industry are still in the development stages.
Finding a company and or broker that has the expertise to lead you through the Short Sale transaction whether you are a buyer or seller will be the difference between having a smooth experience or a nightmare. Make sure the broker you choose can provide you with a resume of past experience having handled Short Sale and Foreclosure transactions.
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