How to Write a Winning Portland Short Sale Offer
May 24, 2012
Nothing is more difficult to purchase these days than a short sale! The numbers on successful Portland short sale offers are terrible, many reports suggest 1 out of 5 Portland short sale offers actually ends up in a sale. While no short sale offer is guaranteed to succeed, there are a number of things a Portland buyer can do to increase their chances of success. 1. Ask your Portland real estate agent to find out how many banks are involved in the short sale. Often a seller will have a first and second mortgage with two different banks and sometimes even a third in the mix with a home line of credit. Simply put, the less banks involved the better...