Shortsales are a Great Opportunity for Investors or Homebuyers looking for a Deal. Shortsales are usually approved for much lower than what the home is worth, making it a very lucrative buy for home buyers and investors.
Take for example this new listing. These townhomes go for, typically, $160,000+. This townhome, in great condition, was just listed for only $139,000. That may not seem like a huge difference in price but it's instant equity in the buyers' pockets if the short sale gets approved.
Check out this new listing
5751 E. 6th AVE Unit B
Anchorage, AK 99504
