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Has anyone bought a short sale?
Posted by: jimmy jingles ()
Date: May 10, 2009 11:33AM

I'm curious to hear any experiences with buying a short-sale property in Fairfax County.

For those that don't know: a short sale is when a homeowner is basically about to be foreclosed upon, and works with a realtor and the bank to offer the home for less than what the mortgage balance is, to prevent the expense of a foreclosure.

Shortsales can be very difficult to successfully purchase from what I've heard, but looking for some first-person experiences.

Re: Has anyone bought a short sale?
Posted by: WingNut ()
Date: May 10, 2009 12:13PM

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Edited 1 time(s). Last edit at 06/05/2015 09:56PM by WingNut.

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