under water: Buying a Home after a Short Sale - Don't Believe the Naysayers
- 05/29/10 08:02 PM
I've written on this subject before but I want to be more thorough this time. There have been too many articles put out lately that discourage people from contemplating a home purchase after doing a short sale. These articles express cynicism about home sellers' financial habits and Realtors alike. Most Realtors doing short sales know how to cover the bases for their client to make sure they're in a good position to buy a home down the road. Further, in my area (Saint Paul, MN), nearly 39% of homeowners are upside down on their home. Only a minority of these homeowners … (8 comments)
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I've written on this subject before but I want to be more thorough this time. There have been too many articles put out lately that discourage people from contemplating a home purchase after doing a short sale. These articles express cynicism about home sellers' financial habits and Realtors alike. Most Realtors doing short sales know how to cover the bases for their client to make sure they're in a good position to buy a home down the road. Further, in my area (Saint Paul, MN), nearly 39% of homeowners are upside down on their home. Only a minority of these homeowners … (8 comments)
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