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Generate Your Up-To-Date List of Short Sale Homes |
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Some excellent deals can be made on the purchase of homes that are classified as short sales. These homes are listed by a Realtor who negotiates with the bank to sell a home where the net proceeds from the sale is less than the loan amount on the home. After an offer is made by a buyer and accepted by the seller it can take several months to get the bank to accept the offer if at all. If you have your heart set on a particular home that is a short sale be aware that you may not end up purchasing that home. |