Sometimes. Often times people hear the words "short sale" and automatically think of a seller that is in default and needing to sell their property fast to avoid further financial problems. This is at times the case and can be an opportunity for a buyer to make the most of another's misfortune. On the other hand, a lender may consider a short sale even if the seller is current, but property values have declined. In cases such as these the reduced price may in fact be closer to true market values instead of below.
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