Many people know of the concept of a short sale from stock investing. The answer to the question 'what is a short sale?' can be tailored to stock market investors or it can be tailored to real estate investors.
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A pre-foreclosure short sale is a real estate short sale, a bank short sale or a mortgage short sale done when the homeowner is not yet in foreclosure. Usually a short sale is done on a home that is already in foreclosure.
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The courses of how to short sale vary in quality. Some courses of how to short sale are better than others. If you are interested in doing a bank short sale, it is best to research which courses of how to short sale is the best on the market at the time.
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The 1st step of short sale is for the real estate investor to work with the homeowner to establish a plan for short sale.
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Motivated sellers are key to successful real estate deals. Motivated sellers are also key to successful short sales.
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Below is a link to where you can find a realtor or find a local realtor for free. You can compare the commission rates and even the services they offer.
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