I hate to say it, but short sales are here for the long haul, meaning,…..at least another 5 years. We might as well get used to it. We all know that short does not mean short, so if you are wanting a "deal" as some people say to me, then you need to get educated about some of the pit-falls and frustrations about the process.
Banks are not giving homes away, so don't expect to get a steal. If you expect the unexpected, than you will not be disappointed with the short sale process. I spend a good amount of time trying to educate folks about what to expect, so that even the "unexpected" happens, you are able to cope. If you want a free education on the process, please contact me. I'm happy to sit down with you and teach you how to find the real deal and not go crazy or waste time in the process.
If you are considering purchasing a short sale you might find these statistics interesting. Here in the Livermore short sale market you will see roughly 25 to 30% of the market to be in this category. Contact me for more details. If you want to see any properties here in town, please visit my website where you can access listings for free.
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