I am a first time buyer. Houses are really expensive by me. I found a listing that's a great price but it's a short sale. Reading up on it, short sales are a headache that can be worth it. I am in no rush to buy the property. This is to buy and rent out.
Have you bought a short sale? Can you share any personal experience from your purchase that could help me? Things differ from state to state please tell me what state you made the purchase in. I am in NYC.
I have reached out to the listing agent for some more info and a request for a private showing of the home.
At the listed price this a home we could afford to pay cash without a mortgage.
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