Benefits Of Buying A Short Sale

Benefits Of Buying A Short Sale

If you are one of the thousands of short sale house buyers you probably know what the benefits are to the buyer. Short sale properties are typically priced below their true value, and for many buyers it’s the opportunity to get a great price on a home that would otherwise be too expensive. Often the price of a foreclosed home is lower still, if the buyer is prepared to buy the home ‘as is’ and carry out basic repairs and improvements. And of course the home can then be sold to make a profit. If you’re buying a short sale home, you can often take advantage of more favorable financing offered by the bank, which is anxious to sell the property quickly. Buying a short sale isn’t for everyone, but it can be a quick and easy way to find a bargain priced home.