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View Homes Subject to Short Sale

View a map of all the short sales available in your favorite Portland Oregon / Vancouver Washington neighborhood by choosing the city on the left or bottom of this page that is of interest to you.

 

Sometimes you can buy property at $10,000-$30,000. or more below previously listed asking prices.

 

The question is:

 

Is this right for you and is there a down side

What first appears like a great opportunity may be so, providing you as a buyer don't mind waiting an undetermined about of time for the sellers lender to decide IF they want to consider your offer, and in the mean time waiting for another offer to come in which they hope will be higher than yours.

However, if you don't mind  waiting a couple of weeks , or up to 2-3 months to see if a lender will agree to the short sale (as compared to a couple of days to a week for a seller to agree to a non short sale offer) then the wait could prove beneficial to your financing well being.

Doing your research and knowing you needs and circumstances are the key to deciding whether a short sale purchase will be advantageous to you.

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