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Short Sales - 3 Important Things You MUST KNOW
By now, many people are aware that short sales at least exist. Many homeowners are still not exactly sure of all By now, many people are aware that short sales at least exist. Many homeowners are still not exactly sure of all the details of doing a short sale, but they know it may be an option for them to explore. 
It is critically important that homeowners understand the following key things when doing a short sale. Although there are many other important details to consider, I figured we'd just chat about a few for now.
KNOW the difference between the servicer and the investor.
It is critical to understand this fact because it impacts everything about your short sale process.
Who your servicer is helps to shape the answers to these questions: 
Should I have an offer before or after you start the short sale? Will I be required to miss a payment before they will consider you for a short sale?  What is the typical timeline for this type of short sale? Short Sale properties still need to be prepared to get the best offers possible.
Buyers want to purchase a home that other people like as well. So it is ... more

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