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Short Sales Are Seldom If Ever Short
What's a Short Sale???
There is nothing short about a short sale and they are sold in as is condition.
A short sale is sold "as-is". This means that the seller (the distressed person selling the home) and the bank will not make any repairs to the property. So, if the roof leaks, the microwave blew up and the carpet is stained, they're your responsibility. Buyers need to consider the cost of making repairs to the home. Typically, these repairs include new paint, new carpet or flooring, drywall repair, and other standard maintenance items. You must consider these costs when buying a short sale.
Click Here to learn how to receive money to fix up your new home
To view Short Sales currently available in Nassau & Suffolk counties click here.
To learn about Short Sales click here.
Be Patient - This is the BEST advice I can give you when buying a short sale. As I mentioned. There are many twists and turns, paperwork gets lost, distressed sellers are slow to provide critical data, etc. But, a short sale may provide you with a wonderful ... more
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