Navigating the short sale process in Indianapolis
By Heather Fitzgerald, REALTOR Greenwood Indiana Real Estate
(REALTY WORLD-Harbert Company, Inc.)
Navigating the Short Sale Market in Indianapolis When entering the short sale market in Indianapolis, preparation is key. For buyers, working closely with a real estate agent who specializes in short sales can make all the difference. An experienced agent can identify which homes are potential bargains and guide you through the nuances of dealing with lenders. The approval process involves a detailed review of the seller's financial hardship, the property’s value, and the lender's own objectives, which makes professional guidance crucial. Buyer Considerations: Patience and Due Diligence One of the biggest challenges for buyers in a short sale is the unpredictability of the process. Unlike a traditional sale, where timelines are relatively straightforward, short sales can involve multip...
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