I've been working with a really great couple recently on the purchase of their first home and am really excited to announce that the home they liked has been approved for a short sale. We've all (the lender, the buyers, me and the seller's agent) been waiting with bated breath for about a month now. No, I'm not kidding. The date on the contract says July 11th.
I met this couple while showing my listing on 7710 25th Avenue - which is still in the approval process for a short sale - and liked them instantly. For first-time buyers, they already know a lot about investing for the future, have experience maintaining property and are not afraid of the work owning a rental property involves. With the purchase of this home, which will be their primary, they will also be jumping into managing a rental for their relatives.
I see a bright future for them if they stick with it. And something tells me they will.
Tuesday, August 14, 2007
Short Sale Approved for First-Time Buyers!
Posted by
Purva Brown - Sacramento Real Estate Gal
at
9:44 AM
Labels: First-Time Buyers, Foreclosures and Short Sales, Investment Properties
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