Today I’d like to touch on a topic that, thanks to our currently strong market, is not something many people have to deal with these days: short sales. However, while this kind of transaction may not be particularly common, it’s still something some sellers encounter. As such, I wanted to explain what short sales are and how to navigate one for all of you in this quick message.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:
0:11 – An introduction to today’s topic
2:18 – Why short sales can be advantageous for those faced with financial hardship
2:33 – The first factor to consider when thinking about a short sale: credit
3:08 – The second factor to consider when thinking about a short sale: caxes
5:29 – The third factor to consider when thinking about a short sale: deficiency
8:11 – How buyers can benefit from short sales
8:52 – A few closing words
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.