Short selling viable in Western Washington?

Foreclosures, Short Sales, Tax Foreclosures
1

Hello! This is my first post! :biggrin

I’ve been reading quite a bit about pre-forclosures and short sales on this site. In doing research around short sales it seems that bank/lenders are apt to working with you in markets that are inherently down. Now, I know that markets are down in various parts of the country, but things in Seattle/Tacoma are continually going up!

Are there any Washington Staters out there or folks familiar with the market that are having success with short selling pre-forclosures?

Thanks in advance!

2

:cool hey iam in eastern washington state and we have not done any ss deals but have had a lot of deals in preforeclouser with owner finance and sub2

3

Thanks for the reply RealEstate001. I’ve seen some of your posts during some of my reading over the last few days.

Is there a link you could post where I could read up on how this process of owner financing and “sub2” works? Are you basically buying from them and renting the property out?

Thanks!
brentmck