Buying Foreclosure Vs Short Sale -
: The lender must approve the final sale price, which can lead to a much longer timeline than a typical home purchase.
: Buyers often have more leverage to negotiate terms, contingencies, or minor repairs before closing. What is a Foreclosure? buying foreclosure vs short sale
: Once listed, foreclosures often move much faster than short sales because the lender is motivated to liquidate the asset quickly. : The lender must approve the final sale
