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Short Sale Tips: Keep Property Condition in Mind

Make sure the property is in good shape. Adjust your offer based on home condition.Of course, buyers need to keep property condition in mind as well. Remember, lenders are not going to offer any property credits or repairs. This means that it is essential for a buyer to carefully look at the home and take the time to look for any damages that may need to be fixed later. As previously mentioned, buyers can use the property condition to help negotiate the price they want to pay on the home as well.

Next: Chapter 11: Short sale pitfalls to avoid