Rising home prices have been in the news. The upside: It’s a solid sign of a recovering economy. The downside: It is creating unrealistic optimism among underwater homeowners, causing many of them to think, “I’ll just hold off on a short sale and see what happens.” That decision could be a very costly mistake for homeowners. Here’s why.
Q: I'm thinking about making an offer on a short sale. What questions should my agent and I ask the listing agent to make sure the transaction goes smoothly?