Well, 10 questions, actually.
Last week I wrote that I didn’t know much about short sales, but that I knew who to call to find the answer. At the same time as I was writing that post, Danilo Bogdanovic of LoudounForeclosures.com (there’s an upbeat site address, huh?) wrote a post entitled “10 Questions To Ask Before Writing An Offer on a Short-Sale“. I’ve read it three times already, and I keep going back to it so I thought I’d repost it again.
Look, most buyers aren’t going to have the time or the patience to wait for a short sale or a foreclosure to go through. Nevertheless, I think it’s important to know that if you’re going to pursue one of these homes, there are very specific ways you need to do things in order to make sure you’re protected. In short, D (it’s easier to say D than Danilo, don’t you think?) suggests:
And that’s just the tip of the iceberg. Thanks to D, and Sarah, for their lessons on short sales and foreclosures. If you’re a buyer – or a seller – who’s headed down this road, let’s talk … I’ve got some experts who’ll be glad to help.