Distressed properties have become such a large part of our market in Boise, Idaho that you almost can’t turn around without bumping into a short sale or foreclosure. With that comes a whole new list difficulties in how to deal with them ethically and legally.
This question was posted on a real estate forum recently and I wanted to expand on the short answer which is likely going to be, no. Read on and find out why this approach is going to be a lot like bringing a knife to a gun fight.
For Idaho homeowners at risk of losing there homes to foreclosure, a short sale can be a win-win for both owner and lender. There are, however, some common pitfalls that can be detrimental to avoiding foreclosure in Idaho.
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