Representative of a typical
short sale transaction, a Portland family has been trying for 10 months
to buy a house through a short sale arrangement. But so far, the deal
remains hung up with the lenders' bureaucracies. Although this family's experience may seem like an extreme case, it is not. There is no end to the surprises and headaches at every turn in a typical short sale transaction.
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Buying a Condo: It's All About Timing
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While there are deals to be had on some new condos, buyers must navigate a tricky balance between getting in early - which often means a better price - and avoiding plunking down a deposit on a building plagued by bad construction or shaky financing.
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