There is a HUGE misconception in real estate that the highest offer on a short sale is always the best offer. That is not always the case. I say this as I have a unique perspective because our company BUYS and SELLS distressed assets. I have personally experienced both sides of the coin.
Short sales are risky and scary for most homeowners, but being armed with valuable information regarding all possible outcomes usually sets homeowner’s minds at ease. The alternative is far
more devastating than the risk of a short sale, but knowing ahead of time what you face assists homeowners and agents in making the best decisions possible.