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How to Negotiate the Price of a Short Sale | findwell – We just wrote an article about how to negotiate the price of a house, primarily talking about a "regular" real estate purchase from a private-party seller.Buying a home that is listed as a short sale is a whole different game, and you need to understand how the listing price may be set, how the bank will approve the listing price and strategies for making an acceptable offer.
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The Steps in the Real Estate Short Sale Process – A successful short sale helps the lender to avoid yet one more foreclosed home on their books and all the cost and time involved in maintaining that home until its potential sale. A short sale can also reduce the likelihood that the borrower or homeowner will trash the property on his way out the door.
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