Dangerous Short Sale Myths: Short Sales Don’t Get Approved

Short sales are a large part of the market right now, and that’s simply a reality.  However, some buyers try to avoid these homes based on some myths that have sprung up about these possible purchases.  We have decided to make this a 7 part series, to debunk some popular myths about short sales.

The first myth is that a short sale never gets approved.

This is simply not true. We are closing three short sales this month alone, so short sales do get approved. However, it is also true that they are a bit more difficult than a “normal” sale and there is a different process with a short sale.

The best thing to do is find an agent that has the Certified Distressed Property Expert (CDPE) designation. The Mike and Sandi Real Estate Team has the CDPE certification. This means that we have taken classes and had comprehensive training in how to help homeowners in crisis, along with processing short sales.

If you’re thinking about buying a short sale, or selling your home as a short sale– choose to go with a CDPE certified agent. It will make the buying or selling process easier for you and your family.