Tagged : buyer tips

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Please let me first clarify by saying that I specialize helping buyer's with short sale and bank-owned real estate.  However, I've found that if we can locate you the right bank-owned home, it's generally the best route to pursue.  Here's five reasons why:

1. You can buy it at the advertised price (unless bid up). Many people don't realize the asking price on short sales has not been approved by the lender and may or may not be realistic.  I've seen listing agents cutting prices well below what the lender's accept just to get an offer on the table so they can get the ball rolling with the loss mitigation department.   This results in frustrated buyer's when the lender comes back with an approved price over the asking price.  It still may be a good

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