It can be broken down into seven steps:Step 1: Find Short Sales in Your AreaLook for short sales by checking online listings and using a real estate agent who has experience with short sale transactions. Dont skip the home inspection just to speed up the process. Editorial Independence We want to help you make more informed decisions. Better.com doesn't hold that view. If someone is looking specifically for a short sale, the agent should have knowledge of the process.Pro Tip Pro tip: The phrase short sale is a good place to start with your online search, but its also wise to look up other key phrases like subject to bank approval, preforeclosure, third-party review required, and pre-approved by bank, according to Freddie Mac.
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