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Short Sale Tips: Work with an Experienced Closing Agent

An experienced short sale closing agent is keyAnother helpful tip is to work with an experienced closing agent to keep the process moving along smoothly. Lenders only approve approximately two out of every five short sales, which is an important statistic to consider. However, having a good closing agent that is knowledgeable about this process will help improve the buyer’s chances of having the contract approved. It may even be helpful to have a good real estate attorney on hand through the shortsale negotiations, especially if specialized language or any provisions will need to be written into the purchase contract on the home.

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