glouceter county: Approaching a Short Sale in Gloucester County, NJ, Some Tips for the Buyer (Part 1 of 2)
- 04/25/08 04:40 AM
A Few Tips For the Gloucester County buyer: •· Keep in mind that short sales do not only occur because of an anticipated foreclosure. Sometimes a lender will accept a short sale if the value of the property has fallen and/or if the seller owes more than the property is worth in the current Gloucester County real estate market. So the sellers may not have defaulted on their mortgage. •· The lender is generally only willing to accept a short sale for a property to bring the price in line with other comparable homes on the market. Not below them. So I … (0 comments)
A Few Tips For the Gloucester County buyer:;)
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