Short Sales Who is a canadate to sell their home in a short sale? Most home owners that are in a financial hardship and behind on payments are prime candidates. I will get the bank to take a loss on the property (which they will be happy to do), which allows the homeowner to sell it quickly. Short sales are a way of life for some Realtors now that the market is down a bit. There are more and more foreclosures in Western Wisconsin, and across the country, and the banks are dumping them for a quick sale. Even though these homes can be a good buy, short sales can be even a better buy for a lot of buyers. Let me tell you why. Most banks know that if a home owner is behind, it may take close to a year before they get it back and sell it as a REO (Real Estate Owned Property). The two t...
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