Pros of a Short Sale

Pros of a Short Sale

If a sale is consummated, the borrower walks away without a completed foreclosure on his record, and the bank disposes of the property without ever taking possession of it and quickly removes the nonperforming asset from its books

Short sales are often the best solution for all as lenders avoid the costs involved with foreclosure and borrowers are relieved of the responsibility to pay off the balance of a loan.

It can be a lucrative business if you know the market, and the laws in your county and state.

It is possible for you to earn big profits with short sale deals 15 to 25 percent on average.


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