This educational real estate video is about buying short sales. Short sales are when a bank is willing to sell a home for less than they are owed on it. If you are thinking about buying a short sale deal there are a few things to be aware of beforehand. Short sales can be very frustrating and time consuming. If you need to buy and own a home within 90 days then it is probably wise for you to avoid short sales since they are notoriously slow. If you have the time and patience to deal with the short sale process you may be able to get a great deal on a short sale.
Broker/Owner of Market Experts Realty & The Todd Tramonte Home Selling Team
Real Estate Author of Live Free: The Art Of The 2-Year House Flip