Pre-Approved Short Sales

So, you read this siren call on the MLS listing that say “Pre-Approved short sale, quick closing possible”.  You get all excited; maybe this short sale will be different.  You get an accepted offer and 4 months later you are still waiting for that “quick closing”.  It happens to me all the time.  I have only seen 2 short sales close in less than 45 days.  So, why do agents put that on their listings?

Read my thoughts over at my Minnesota Short Sale blog.

10th Jan 11. Posted in Buying Property.

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