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| Sponsored by RE/MAX |
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| Tight Credit Changing Buyers |
| As home lending standards have tightened, millions of younger, single potential home buyers have left the market. |
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| Avoiding the Dirty Dozen Barriers to Short Sale Success |
| By Gee Dunsten |
While short sales continue to be a lucrative avenue for real estate professionals, they can still take up to three times longer than a traditional transaction and often fall apart. By avoiding these top dozen short sale barriers, however, you will be pleasantly surprised at how profitable short sales can be. 1. Poor short sale candidate. Establish objective criteria up front, conduct an extensive interview with the buyer, and make sure the seller is motivated and cooperative. 2. Unfamiliar with lender’s short sale requirements and procedures. ...
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