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Bradenton Short Sales--Are They Worth It?

Posted by Robert Casella on Tuesday, January 24th, 2012 at 5:23pm.

Should buyers pursue Bradenton short sales (really, anywhere for that matter). Are they worth it? Yes. Well, no. But then again...maybe. Ok yes--sort of. Of all of the frustrating transactions to partake in, short sales pretty much take the cake. While the process is becoming more streamlined, short sales are still fraught with trials and tribulations that frustrate buyers, sellers, realtors, and lenders. So, the million dollar question is, are Bradenton short sales worth pursuing?

Yes, but only if you are patient and willing to accept the tenuous nature of the short sale process. On one hand, it is certainly possible if the sale goes off without a hitch and you get a tremendous value. Alternatively, you could end up wasting valuable time dawdling over the golden egg and it ends up being rotten. The only reality regarding short sales, at least for the time being, are that they are here to stay. While the real estate waters in the Bradenton short sale arena are navigable, they can be choppy and you need to brace yourself for the ride.

So what is the one piece of advice I can give you when pursuing a Bradenton short sale? While patience is certainly a key component, I tell my buyers to look at the whole available spectrum of homes available in the Bradenton neighborhood they are pursuing. Sometimes we can become so enamored by the prospect of getting the deal of the century that we don't realize that there may be comparable resales or new home alternatives. So Bradenton short sales can be worth it, but be patient and don't forget your options.

Robert Casella, CLHMS - Licensed Realtor
Certified Luxury Home Specialist

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