Finding a Short Sale
Many real estate investors, as well as a large number of bargain seeking homeowners have turned to Short Sales as the best way to buy real estate at a big discount. Do a Google search and you will find literally hundreds of websites set-up to show potential buyers how to buy Short Sales.
To hear them tell it, you need only put some signs up on electric poles, respond to a few newspaper ads and send out a couple letters and you will find Short Sale properties. While these methods will work for some home buyers, most will be left wondering why they are not finding properties. Further, even when you find a good property, the seller’s financial circumstances may make getting a Short Sale approved impossible.
Why not purchase a Short Sale property that has already been qualified and has a high likelihood of lender approval? It sure can’t hurt to get information on Short Sale properties on which the file is already submitted for approval.