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I tend to agree, however, from a seller's perspective it's better to get out with a short sale than have a foreclosure. Title work is cleaner that way too. I have found short sales to be a pain in the past but since they are becoming more common the banks are getting better at communicating etc. It's not a good thing that they are more common but now that everyone's not "new" at the process it's less frustrating. I try to remind myself how much of a pain it would be for the buyer without me and that helps.
To begin with, are they really for sale? On many occasions, Seller is just stalling for time until they find a job to be able to do a loan modification and save the home from foreclosure, so they can be a waste of time to show.. I see this happen quite often. I much rather show REOs.. They are not always damaged either, just a good portion of the time. Sold one that even had stainless steele appliances, 2000 sq ft, in a decent neighborhood and built in 2005 for $126k in Central Florida. Great deal!!!
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For Sale: $1,095,000
For Sale: $739,900
For Sale: $149,000