This weeks Stupid Real Estate Question is about short sales. Short sales sound like a great idea for the buyer, but are they really? A $200,000 home for $145,000? Who could pass that up?
Do you know what a short sale is and do you know how LONG a short sale takes? At the end of the day, a short sale isn’t.
Nearly 66% of active short sales NEVER close! Two out of three. Staggering statistics.