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Buying a Short Sale: Is It Worth It? (And Does It Really Take. – A short sale is a real estate transaction where the owner’s lender agrees to accept a purchase offer from a new buyer, short of what is owed by the original owner. This could be great for you, the buyer, but it could take a long time to move into your home.
Manhattan Home Sales Get Short-Term Lift on Mansion Tax Hike – Manhattan home sales perked up in the second quarter from a prolonged slump. They want to feel like they got a good deal,” said Garrett Derderian, managing director of market analysis at brokerage.
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Short Sale Realtor Mistakes – Massachusetts Real Estate News – Short Sale Realtor Mistakes. At the moment there is a bank owned unit for $59,900 that is under agreement in better shape, a short sale that has been on the market for close to a year at $85,000 and another that was recently taken off the market for $75,000 that was also on for close to a year.
The Steps in the Real Estate Short Sale Process – A successful short sale helps the lender to avoid yet one more foreclosed home on their books and all the cost and time involved in maintaining that home until its potential sale. A short sale can also reduce the likelihood that the borrower or homeowner will trash the property on his way out the door.
We just wrote an article about how to negotiate the price of a house, primarily talking about a "regular" real estate purchase from a private-party seller.Buying a home that is listed as a short sale is a whole different game, and you need to understand how the listing price may be set, how the bank will approve the listing price and strategies for making an acceptable offer.
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Can I Short Sell Home To A Family Member? | Bankrate.com – Dear Real Estate Adviser, I want to sell my house in a short sale. I haven’t had to sign an arm’s-length agreement, so can I sell to a relative?