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                        Analysis of Short Sales of
              Residential or Commercial Property

Buyer's Considerations

Short sales can be a great vehicle for someone to acquire
property but short sales are not without risks for the buyer or
hurdles that must be overcome.  Before someone makes an
offer to purchase property in a short sale, they should examine
their motivation and determine if they are a
good candidate for
a short sale.  This is true even if the potential buyer is
experienced in real estate.

Once they have determined that they would like to pursue the
purchase of property by a short sale, the buyer must begin
performing due diligence on the potential short sale properties.  
In addition to the due diligence that should be undertaken by
any buyer of real estate, there is additional
due diligence that
short sale buyers should undertake.

Once the due diligence is complete and the short sale property
that the buyer would like to make an offer on has been
identified, they must determine what the terms of the offer will
be.  Again, there are some nuances to
determining what
purchase price the buyer will offer and formulating the other
offer terms that are unique for short sales.


                                                          Return to Analysis of Short Sales of
                                                          Residential or Commercial Property
Law Office of
Craig W. Little, P.A.