Tips for buying a short sale in the Myrtle Beach South Carolina area

When Buying a Short Sale:

* Ask if price and sale have been approved

* Ask where in foreclosure process is seller

* If rented, is there a lease

* Have a PROFESSIONAL home inspection

* Have a HVAC inspection done

* Property stays active in MLS until bank agrees on price

Alot of people think because it is a short sale that bank will give it away or practically pay you to take it off their hands

# 1 RULE - have your REALTOR pull current actives in area and SOLDS in last 6 months.

using this golden RULE will help you win the bid! The Bank sends out an order for a BPO (Broker Price Opinion) which determines value. If you start off on the right track then you have a better chance at winning the deal.