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Updated almost 6 years ago, 02/20/2019

User Stats

30
Posts
3
Votes
Christian Rodriguez
  • Real Estate Broker
  • New York
3
Votes |
30
Posts

Are Short Sales A good Idea?

Christian Rodriguez
  • Real Estate Broker
  • New York
Posted

Hello Everyone, I just had a question to all of you that I've been a bit torn about. I have heard on a bigger pockets podcast with J. Scott about how one should try to avoid short sales being that we are at a peak in the market. I've also heard this from one of my investor friends and an agent as well. They all say it is due to the length that short sales take to close, if they even close. On the other hand I've heard short sales are the way to go for better profit margins and so forth. So which would you guys recommend? Avoid short sales due to the risk of a potential shift in the market? Or still attempt to go for short sales? Any insight or recommendations help!

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