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Buying a Short Sale? Why You Need an Agent

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short_saleMost people realize the necessity of hiring a real estate agent to sell a home, but they take an entirely different approach and opt to go it alone when buying, especially when the property is a short sale. Before buying a short-sale property, though, people should consider the benefits derived from working with a knowledgeable real estate agent. Following are some things to think about:

Advanced Listings


The short-sales market has heated up. So has the competition. Get advanced listings sent to your attention as soon as possible by working with an agent who specializes in short sales.

Experience Is Key

Buying a short sale isn’t always simple, so finding an agent with a track record of success can go a long way toward making sure all the requirements are satisfied. An agent with experience in short sales will help to expedite your transaction and protect your interests.

Seek Help

Buying a short sale takes a lot of time, but teaming up with an agent who knows and understands your individual situation dramatically reduces the effort required to find the perfect property.  Locating a property, researching it and dealing with the numerous requirements required to close is time consuming and frustrating. Team up with someone who knows the ropes.

Lender Pays

Perhaps the best reason to consider using the services of a real estate agent when purchasing a short sale is the price tag. After all, the services of an agent are free to the buyer. The lender traditionally covers the commission in a short sale transaction, making it a win-win situation for all involved.

 

 

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