If you want to buy a MN short sale property and not getting anywhere with your agent, you are not alone. Many agents are reluctant to show short sale listings to buyer and with good reason. Many of the agents who are listing properties have little to no experience in processing a short sale and have a low probability of getting the sale approved by the bank. In fact, most agents in the Twin Cities have a 12% to 15% success rate in closing their short sales.
However, the BEST DEALS in the market are currently short sales! These properties tend to be occupied, the utilities are functioning and they are in better shape than most bank owned properties. Most short sale listings will also qualify for FHA financing. So HOW can you successfully purchase a short sale?
The key is to work with a Realtor who is a MN short sale expert. I have listed and closed hundred’s of short sale transactions and can quickly determine the probability of a short sale actually closing. If you are interested in purchasing a short sale, call me today! 612-554-5901
