5 common buyer mistakes in a short sale - Yahoo! Finance | Foreclosures

Popular Links
New Links
My Submissions
Share a Link

8 votes

5 common buyer mistakes in a short sale - Yahoo! Finance

Posted By: Jon Klaus, over 2 years ago (Report Spam)
Category: Foreclosures / Type: News
Source: finance.yahoo.com

With hundreds of thousands of homes in foreclosure or on short sale lists, there's never been a better time to score a sweet deal. But discount-priced foreclosures and short sales can come with a raft of expensive problems.

Comments
Who voted?
Email this Link

Comments

At 12:14PM on September 08, 2009 - Will Barnard said...

Even with a professional home inspoection, there can be hidden items uncovered once you start into some rehab projects. I would change or add the list to include not budgeting for contingencies in your repair costs and/or underestimating repair costs.

At 01:29AM on September 08, 2009 - James Ward said...

Without knowing the entire story, all I can say is- "That Sucks!" What a horror story for this guy. Personally- I would let everyone know who did the inspection.

Commercial Real Estate	Economy
Foreclosures	General Real Estate
Housing	Industry Insider News
Local Real Estate	Mortgage & Lending
Oddball	Opinion
Real Estate Investing	Real Estate Listings
Real Estate Marketing	Real Estate News
Real Estate Technology

BiggerPockets

Categories

5 common buyer mistakes in a short sale - Yahoo! Finance

Comments