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What is a short sale?
When a homeowner ends up owing more on a mortgage(s) than the home is currently worth, and needs to sell -- that home will be sold "short" -- hence the term "short sale." In a short sale, lender(s) may agree to accept less than what is owed on the property in order to avoid a possible foreclosure situation.
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How to pick an agent?
Buying a new home is probably the most important purchase you will ever make in your life, and if it is not, well then you are shopping way too much!
Most people go about it backwards: They decide they are ready to buy or sell a house/condominium, and that’s great! So they start looking at ads in the paper or online, or they drive around the neighborhood where they would like to live (and there is nothing wrong with all of that by the way) and they’ll start calling all the listing agents for the properties they like, completely at random! When instead, they should pick an agent first and then start their search.
Now don’t get me wrong, of course I have done plenty of business myself with clients who called me at random from one of my listings and I ended up representing them. But when that happens, I always encourage these new clients to call my past clients and inquire about their past experience working with me; I give them my website information to see my past sales; and I volunteer a complete description of my professional experience and knowledge of the neighborhood they are interested in buying or selling. And that in short, is what every new buyer or seller should ask for from a real estate agent they just met before they entrust a complete stranger with such an important experience such as buying or selling a home!


