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Texas Short Sales are better then Texas Foreclosures Dallas Fort Worth
If your a home Buyer or Investor in today's market I believe it is a better deal for you to purchase a Short Sale property then a Foreclosed property.
The reason for this is simple; Communication and Title checks are complete on Short Sales.  All though Short Sales have a bad rap on time delays and not being approved by the bank for the Shorts. In the past year we have never had delays or never been turned down to short a property. I guess it depends on the Listing Agents ability to control the file and follow through with mitgators. I know it helps us in Fort Worth Texas. Barbara Newton is an excellent negotiator when communicating with the banks.
In the past year I have come to this opinion because I have struggled to understand why the REO or HUD people constantly do not tell you what price will be accepted or even an answer.  Also, I have had one recent customer tell me she lost her non-refundable earnest money, appraisal money and inspection money because the Country Wide found a Federal Tax Lien days prior to closing.  They could not sell the property because of a Title not being Clear "OOPS".  That would be false advertising or ... more

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