Deer Park Illinois Short Sales - Buying Your New Short Sale Home Should Be A Positive Experience
By Corinne Guest, Barrington Lifestyles
(Corinne Guest, REALTOR® | Barrington Realty Company)
Deer Park Illinois Short Sales - Buying Your New Short Sale Home Should Be A Positive Experience If you are in the market to buy a home you are likely going to run into some short sales. You might have heard some scary stories, even been advised that you should not buy homes listed as short sales. Much of these scanarios are born of fear or lack of knowledge. Before you decide whether to pursue a short sale here is some general information to guide you. Short Sales will require approval from all lien holders - banks, personal liens, home owners associations. It is the seller that decides whether your offer is right to submit to the lien holders for approval - not the other way around and not the listing agent alone. Short sale approval can take time - allowing 120 days is a good ball pa...