SHORT SALE BUYERS
1. Hire A REALTOR®!
Not all real estate agents are REALTORS®. REALTORS® are members of the NATIONAL ASSOCIATION OF REALTORS® and voluntarily pledge to abide by the strict code of professional ethics.
2. Knowledge is Your FriendThe short sale process may be new to many buyers and is much different than a normal transaction. It is important to know what you are getting yourself into.
3. Do Your HomeworkGather and review as much information about a transaction as you can before writing an offer to purchase. Your REALTOR® can help you identify which properties for sale in the Multiple Listings Service are short sales.
4. Write A Clean OfferThis describes an offer to purchase that the seller is unlikely to take issue with.
5. Understanding the TimingA short sale may take a long time and it is important to understand the timing of the process.
6. Prep as Best as You Can
7. Manage Your Expectations About the Property
8. Don't Lose Sight of the Big Picture
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