Considering buying a "Short Sale" ?Â Congratulations, your going to be getting a wonderful deal.Â Keeping a home from going into foreclosure helps the economy considerably.Â But here are a few things to remember when buying a Short Sale.
1)Â Have your loan ready.Â Many choose to purchase the appraisal BEFORE the short sale approval.
2) Don't submit ridiculous offers.Â Ya well, the investors will not accept it!Â This is Colorado.
3) You may receive more than one counter offer on the contract that you submitted.
4) Be patient.Â Because it's going to take a while before your going to move in.
5) If you cannot close your loan before the short sale approval date that the bank gives you, you don't have a deal at all anymore.
Short sales are like Serpentine Fires, wicked swirling little devil deals, but WE LOVE THEM, and the families we help stay out of foreclosure.Â Thank you for reading the Blog.Â Visit us at: https://www.househerocolorado.com
for more amazingly honest information on Short Sales.Â And if you know anyone in Colorado that needs our help.Â Please call.