Short Sale Listings:
Shopping for a Short Sale property is very similar to shopping for standard listings.
Short Sales are generally listed with the
local MLS and the Short Sale sellers are represented by a Broker. Short Sale listings may or may not have all the relevant
information you need to make an informed decision and that is where an experienced Broker comes into the picture.
Either the listing agent or the selling
agent should have sufficient experience with Short Sales. Preferably both. The listing Broker represents the seller, and the
selling Broker represents the buyer.
Short
Sale listings can be delivered the same way as standard listings. By email, by fax or other means of digital and traditional
communication. Buyers not yet working with an agent can also shop for Short Sale listings using the many online resources
available.
Detailed information
on Short Sales however will not be available, as most MLS's only show specific property information to the public.
Many Brokers listing short sale properties
impose various restrictions on buyers submitting offers. Contact us if you are considering buying a short sale property.