San Jose Short Sales – Finding Value

According to RealtyTrac, the average discount on pre-foreclosure properties sold in California in the 2nd quarter of 2010 was 28.3% below the typical price of comparable homes that were not in foreclosure or short sale.

Does it make sense to avoid short sales?  Not if you’re looking for the best price and you have the patience, persistence and time to get through the extended process for short sales.

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