Exclusive buyer agent David Kres of Buyers Brokers Only, LLC [ http://www.BuyersBrokersOnly.com ] discusses short sales in Massachusetts real estate. Dave is experienced in helping home buyers purchase short sales. Basically, a short sale is when a homeowner attempts to sell his or her home to a home buyer for less than what is owed on the mortgage. In this case, a bank must approve the sale. Patience is essential with short sales.
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