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What is a short Sale?

I have many people looking for homes that really don't understand what is a short sale?

A short sale is a home that is on the market that is being offered for less then what the seller owes ont on this home.

What does this mean to me?

Well you might be able to purchase this property for less the what a home might normally sell for.

Why would I be interested in buying a short sale home?

You could build some equity in this down market.

What condition is this property in?

Some of the short sales need work. They are sold as is.

The lender needs to approval of this sale.

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:: Milwaukee area listings :: Featured Properties :: Homestead Realty Listings :: Foreclosures :: Buyers :: Milwaukee lenders :: Should I sell? :: Thinking about selling your home? :: Views from Wisconsin :: Cities in and around Milwaukee :: Relocating out of Wisconsin :: Debby Thompson Homestead Realty :: Great Web Links Check it out :: Community report :: Go Green Wisconsin :: Cool Stuff ::

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