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How to Find Short Sale Homes: A Guide for Buyers

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Short sales can provide an excellent opportunity for potential homebuyers to score a good deal. If you’re in the market to buy a short sale home, you’ll need to prepare for a lengthy closing process and steel yourself to jump through some hoops not generally associated with traditional sales. What is a short sale?

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13 Short Sale Tips So You Get a Dream Deal, Not a Nightmare Scenario

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You may have heard a little bit about short sales — enough to know that this type of real estate listing can present some opportunities to get a good deal. But while short sales offer potential opportunities , they come with plenty of potential pitfalls as well. Know if a short sale is the best option for you.

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5 Keys To Know About an ‘As Is’ Home Sale Before You Try One

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You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence. But not every “as is” home sale falls into that category.

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Can Realtor Fees Be Negotiated? Here’s What Homebuyers Need to Know

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In fact, brokerages are forbidden from establishing set sales commission percentages. During the era of the foreclosure market and short sale market, which was in 2008, the price points for the homes were pretty low,” she says. Here are just a handful of what agents’ duties are for each home sale: Search the MLS.

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3 Different Types of Real Estate Agents (And 7 Subtypes), Explained

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Some real estate brokerages will work with many types of agents who have various specialties. They also help buyers through the post-purchase processes of home inspections and necessary repairs, often providing a list of home inspectors and repair-people they can recommend. Perhaps a foreclosure or short sale?

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Pros and Cons: What Exactly Does a Buyer’s Agent Do, And Should I Hire One?

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Advocating for your best interests in the sale, including on price and other contract negotiations. Negotiating repairs or price adjustments that may be feasible as a result of appraisals or inspections. And finally, you can find a brokerage that specializes in working with buyers and ask them to help.

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7 of the Top iBuyer Companies That Want to Buy Your Home in 2022

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Some iBuyers will perform an inspection and may reduce their offer price based on what they find out about the home’s condition. Opendoor buys homes of varying condition, but criteria like a short sale, unpermitted work, or dated materials may impact whether the company is willing and able to purchase a home.