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Updated almost 16 years ago, 02/13/2009
Short Sale Question
I have a client who is renting a property that is currently in foreclosure. He loves the home and would like to purchase the property.
The current owners have agreed to allow a short sale although my client just called me and said that some real estate agent called him and needs to come and take photos of the home because it is going on the market. The lender is listing the home.
Question:
I would like to transact a short sale to wholesale and profit off of this deal. I am new to short sales, thats why I am asking.
What would be the exact way to go about this?
Thanks for all of your advice.