Tuesday, June 21, 2011

The 10 Biggest Myths About Short Sales



The 10 Biggest Myths About Short Sales 
(And How They Affect Both Buyers and Sellers)


“Short sale” is one of the most misunderstood terms in the real
estate industry. Whether you are a buyer looking for a bargain or a seller looking to get out from under a troubling loan situation, it pays to understand what short sales represent and the things you need to know before making any crucial decisions.


A Growing Trend

With the aftermath of the sub-prime mortgage meltdown and the subsequent fallout from so many questionable loans, more and more listings on today’s market are categorized as “short sales.” This is one of the most misunderstood terms in the real estate industry. As a real estate professional working with both sellers and buyers, I come across short sale situations every day. I’ve found that people who know what they are doing are able to avoid the common pitfalls and make good financial decisions for their future, whether you are a buyer looking to find a good deal on a home or a seller looking to get out from under your upside-down loan.


Whether you are looking to buy a short sale or get out from a upside-down loan I can help you.  Send me an email and I will mail you my Special Report "The 10 Biggest Myths About Short Sales."  Email: Derrick@DerrickTornow.com  


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