Category: Short Sale

What to know before buying a short sale

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House hunters might see a short sale they believe is a good deal and immediately want to jump into the purchase phase. While there’s nothing particularly wrong with this, short sales are different than traditional sales and come with their own set of advantages and disadvantages. A short sale may present a prime opportunity for … Continued

Advantages of Buying a Short Sale

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You may have heard some misleading things about buying a short sale – or any distressed property for that matter – but believe it or not, there are actually advantages to purchasing this type of property. In popular areas with hot real estate markets, many potential buyers are adding short sales to their searches to … Continued

Know these things before Buying a Short Sale

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Short sale properties can be a great deal – especially if you’re in a low-inventory area like Denver. But as with any type of real estate deal, it’s important to know what you’re in for. What is a short sale? In this type of transaction, it means the seller’s lender is willing to accept a … Continued

Pros and Cons of Buying a Short Sale

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In particularly hot housing markets, buyers may find they need to expand their home searches to include distressed properties, such as short sales. When inventory is low, incorporating distressed housing can help increase buying options, and in some cases, even score a great deal. Here we’ll take a look at short sale properties, what they … Continued

Differences between Foreclosures and REO Properties

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With such limited inventory in Denver, many buyers are looking to distressed properties – short sales, real estate owned (REO) homes, foreclosures, etc. as a way to break into homeownership. These types of purchases are different than traditional sales, but they can often be a great value – if you know what to expect along … Continued

Mistakes to Avoid when Buying a Short Sale

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Short sales – like all kinds of distressed properties – can be a fantastic deal for buyers. In fact, they’re fast becoming a popular choice in areas where home prices are high and inventory isn’t keeping up with demand. While short sale purchases can take a bit longer than tradition sales, it’s really not all … Continued

Is a short sale right for you?

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Whether you’re considering a distressed property as a primary residence, or as a rental investment, there are a variety of options to choose from. Short sales, foreclosure properties, and bank-owned (REO) properties all have their own unique set of advantages and disadvantages. Here we’ll check out some of the pros of going the short sale … Continued

Short Sale Tips for Buyers

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Considering purchasing a short sale? For many it’s a great way to break into homeownership and find a more budget-friendly deal – especially in a hot market like Denver. Here we’ll cover a few tips about the short sale buying process. If you think a short sale may be the right buy for you, these … Continued

Should you buy a short sale?

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If you’re considering purchasing a distressed property – either for your own residence or as an investment, there are a variety of options to choose from. Short sales, foreclosure properties, and bank-owned (REO) properties all have a unique set of advantages and disadvantages. Here we’ll check out some of the pros of going the short … Continued

Should I Buy a Distressed Property?

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The term “distressed property” may conjure up images of unsightly houses that appear dilapidated and beyond repair. However, the term really isn’t as scary as it may seem. Distressed housing simply means a home that’s fallen into a short sale situation, foreclosure or is an REO (bank owned) property. While it’s true that sometimes these … Continued