Issue by 4532: Acquiring a short sale? Is it as terrible as I have noticed?
We are pre-approved for a home loan, have a large reserve and are actively seeking for a residence. The issue we are running into is most properties in our spot are quick revenue. Every thing we have noticed about the brief sale method has been bad. We do not have to transfer out of our present home to get a new one particular, so would a short sale be a excellent choice? What was your experience like?
Ideal remedy:
Solution by Dave
Of course, it is. Stick to REO properties (financial institution-owned) as a substitute of short sales except if you have Lots of patience and do not brain waiting.
What do you believe? Remedy beneath!
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