As the buyer of a Short Sale property you can expect very little from the bank except for a very reduced price. They are taking a loss ( a huge loss if Kris & Kim represent you) and the bank looks at this loss as a gift. As the buyer be prepared to pay almost all closing costs, professional home inspection, termite, etc... These charges can be spelled out before you begin the process. What you get in return...a home at 30% to 50% below current market value.
www.KandKDarney.com
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