IF YOU ARE BUYING A PROPERTY THAT IS INVOLVED IN A SHORT SALE
When purchasing a home or any real estate involved in a Short Sale or Bank Approval make sure you understand it will take longer than a regular transaction. Every short sale transaction is different so keeping the Buyer informed and updated is important so they do not feel lost in this lengthy transaction, especially First Time Home Buyers. Buyers need to be advised that just because the Seller has accepted your Offer the Bank has the Final Approval and could ask you to raise the purchase price based on their own appraisal. This is not always the case but I have seen this twice. If you are patient and persistant you will get the job done. Visit www.AmbersHomeFinder.com for all Real Estate Information.
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