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Short Sales
Who is a canadate to sell their home in a short sale?  Most home owners that are in a financial hardship and behind on payments are prime candidates. 
I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly.
Short sales are a way of life for some Realtors now that the market is down a bit.  There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale.  Even though these homes can be a good buy, short sales can be even a better buy for a lot of buyers.  Let me tell you why. 
Most banks know that if a home owner is behind, it may take close to a year before they get it back and sell it as a REO (Real Estate Owned Property). 
The two things you need to know are:
 
            1)         The bank doesn't want to own the home, so they would rather take a loss today, than get the property at (Clerk Sale, Sheriff, Auction) and take a bigger loss later.  This can be a great advantage for a potential buyer who wants ... more

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