It seems that she’s discouraging you from a significant portion of the market.
Downsides of short sales and foreclosures.
– both need approval from the bank… which can take more time than a traditional sale.
– with short sales you also need approval from the “seller”. Ego’s could get in the way.
– with short sales there can be 2nd lien holders that can kill the deal.
– with short sales there are often short sale negotiators mandated by the listing agent… and paid for by the buyer.
That said – the market has too many foreclosures and short sales to ignore that inventory.
