The Misconceptions of a Short Sale…

Jan 27, 2012 by

It is believed by most that all homes sold under the short sale umbrella are sold at a below market value. That is not exactly true in most cases. While a home may be listed below market to similar homes in the neighborhood, it may not be the extreme bargain for the buyer. Even if the home owner accepts a low-ball offer, the lenders always have the final say on the sale price. If the offer is to low, the lender might refuse to accept the purchase offer.

Related Posts

Tags

Share This

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>