Top 3 Reasons You would want to Auction a Short Sale:
1. An impending Foreclosure Sale Date means that a traditional sale simply may not be able to deliver an offer in time. Auctions can, with a high degree of certainty, deliver a group of pre-approved bidders for a competitive bidding on the day of your choosing.
2. Save you or your client from a 7 year blemish on your credit score from a Foreclosure, as a Short Sale means you will have only a 2 year blemish.
3. Don't want to risk having to have 10 or 20 open houses and people coming through the house for months on end if I can have 0 or 1 open houses and count on having an acceptable offer within 14 days of signing a listing agreement.
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