Short sales can be a pain as often they take longer to get everything worked out between the current owner, yourself and the bank.
Foreclosures are quicker..but they come with a 1 year Right of Redemption...where the person who lost it can come reclaim it if he gets the money to do so. Also, if you try to sell it before the Right of Redemption is over..you have to pay for a Redemption bond.
Last edited by outdoorobsession; 12/18/16 09:32 AM.
