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What is the difference between a Foreclosure and a Short Sale
The biggest difference is time. With a Foreclosure you will hear back on your offer within a week. With a Short Sale you are looking at a waiting period of upto 3 months. Fha, Dva and Hafa short sales are preapproved short sales in which you will hear back in about a week or so. [...]
Read More >>3 benefits to buying a foreclosure
1. You can usually get a pretty good deal on a foreclosed home vs a traditional sale. 2. Response time from banks is usually 48 hours vs 3 months with a short sale. 3. Certain cities have down payment and fix up money for buyers purchasing a foreclosed home.
Read More >>Is now the time to buy investment property?
Now is a GREAT time to buy investment property. Low rates and Low home prices= great time to buy real estate. With all the short sales and foreclosures on the market your bound to get a spectacular deal.
Read More >>
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