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Seven Facts Every Buyer Needs to Know about Short Sales
Silvia Dukes wrote a great post on what buyers need to know about short sales.   They are not like your normal home purchase that most are used to.  Check out her list and if you are in the St. Louis area and are interested in short sales, give me a call.  There are several on the market in St. Louis.
Seven Facts Every Buyer Needs to Know about Short Sales
You have heard the phrase "there is nothing short about short sales".  Recently, I received an inquiry from a buyer who was interested in pursuing short sale opportunities that went something like this
"I am interested in short sale properties.  I am a serious investor looking for a home for my wife and myself. If I like the property, I'd offer 30% less than asking price...."
With all the information and misinformation that people are reading in the media, I understand that this buyer is looking for a good buying opportunity. 
Short sales can provide these opportunities but only if they fit the situation and are right for that particular buyer. 
Ii is important that buyers know what to expect and to develop a buying strategy that allows them to ... more

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