Over the past two months, the frequency of short-sales have seemed to increase. While each bank has its own policy on how to deal with short-sales, it appears that banks are moving faster to get deals done. Most short-sales take 45 to 90 days, but we are seeing short-sales close in under 45 days as the market continues to get worse.
If you are considering a short-sale, this might be a great time to get the ball rolling. If you have any questions about short-sales, please contact Tom Anderson at 404-277-9581 or tom@tagatlanta.com. All information is confidential.
To search for short-sales in your area or across Atlanta, please visit our search page and select short-sales under the advance search criteria after registering with the site. Click here to go to The Anderson Group search page.
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