Los Angeles homes being offered as short sales may be a good opportunity. A short sale is a sale of real estate in which the proceeds from the sale fall.
The home was owned by Countrywide (now owned by Bank of America), and they require that buyers get pre-approved with them to put in offer on homes they list for sale . So we started the pre-approval process and put in an offer two days later , but learned that the bank had already accepted an … But honestly, a good real estate agent would have flagged that property so that the minute it was re-listed, the agent should have called them to see if they were still interested. …