home buyer: Short Sales - What's the DEAL? Are they a DEAL? Are they closing?
- 07/29/08 10:51 AM
Back in May I wrote about short sales and if they were even worth looking at. Take a look here: http://activerain.com/blogsview/524066/Should-Buyers-Look-at Well, I continue to show them and write offers on them, because it's important to me to do everything I can do to get the best house at the best price for my clients even if it is a "long shot". (By long shot, I'm referring to getting the bank to approve the short sale. I usually do not advocate "low-balling", but I'll save that for another post.) So, what's been going on since the last stats I ran on (0 comments)
Recently, this question has come up from Realtors and clients alike. Many Realtors refuse to show "short sale" homes because they can be a huge hassle for the Realtor and extremely discouraging for the home buyer. (I will save my opinions about why they are such a hassle and why the banks are pretty much shooting themselves in the foot when it comes to short sales for another blog.) I have considered making it policy not to show short sales, but decided that my job is to educate my buyers and let them make the decision about whether or not (4 comments)