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Tips on Buying a Short Sale Property

The Minnesota Home Ownership Center has just put out another good resource for buyers – this one discusses things to consider before making an offer on a short sale.

Short sales can be a good opportunity and can also be a waste of 2-6 months’ of waiting too – each situation is different.  It’s important to understand the whole process before making an offer.

I also put together a guide comparing the differences between Foreclosures, Short Sales and Traditional Sales – I think it is a good primer for anyone looking for an easy to understand comparison.

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Disclaimer

TwinCitiesRealEstateBlog.com is not a Multiple Listing Service MLS, nor does it offer MLS access.
This website is a service of Aaron Dickinson of Edina Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.