How much can you offer on Short Sale homes??
We are looking to purchase a home that is currently being sold as a short sale. It was listed for $ 155,000 and now being listed as a short sale for $ 139,900. With the housing market being SO bad, we don’t know what to offer. We don’t really even know what a short sale is. The home was built in 1997 and is in a good neighborhood. It’s also in great condition. What is a short sale and what should we offer???