You have a flexible move-in date and prioritize a home in livable condition with fewer immediate repair costs.
: These homes are often in better condition than foreclosures because the owner may still be living there and maintaining the property. buying foreclosure vs short sale
You are looking for the absolute lowest price, have the cash (or verified pre-approval) ready, and are prepared to handle significant renovations. You have a flexible move-in date and prioritize
: These properties are typically priced lower than short sales, sometimes 10–20% below market value. sometimes 10–20% below market value.
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