Buying a Short Sale

So you want a deal on your next house? You heard that banks are forgiving thousands of dollars in mortgages and you want to take advantage of it? 


With so many short sale listings in Spokane, there might be one out there that catches your interest.

The phrase "hurry up and wait" has never been more real than when dealing with a short sale. When the bank wants paperwork they want it yesterday and when you are expecting an update from them you might not hear from them until next week.

The bank has incentive to work with you and get the short sale closed. The number of files they are working through is unbelievable.

 Hiring a CDPE to help you navigate the process can save you a lot of heartache and disappointment. You want your Realtor to set realistic expectations and guide you through the hoops that the bank will put you through while getting the deal put together. Don't lose a great deal because of frustration and lack of communication during the process.