Is Buying a Short-Sale a Good Idea?


There’s a lot happening in the short-sale industry, especially on Long Island to help speed up the process and create a successful transaction for all parties involved. If you’re debating on buying a short-sale, things are looking in your favor.

  • The latest efforts by Fannie Mae and Freddie Mac to simplify the short sale process are getting a thumbs-up from the housing industry
  • More servicers are delegating their acceptance & counter offer process to be more responsive to short sale bids on properties
  • Long Island Real Estate Company Charles Rutenberg is the first to expand with an “Easy Close” Short Sale Division
  • Short sales are an effective way to get a home sold without having to incur the cost of foreclosure, preparing the home for sale, and maintaining the property.
  • According to the rating agency, DBRS, short sales are expected to be one of the key loss mitigation techniques used in 2013.

You can find a great buy on a home and it won’t take forever! Charles Rutenberg Agents are trained on the short-sale process and know the industry changes as soon as they happen. We can help you buy a short-sale without the hassle.

Click here to read the full article, “Ratings Agency Forecasts a Stronger Year for Short Sales in 2013” on

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Joe Moshe
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Joe Moshe

Joe Moshe is the Broker/Owner of Charles Rutenberg Realty Long Island, offering 100% commission to Agents. With over 1000 agents, it's one of the fastest growing, most progressive real estate brokerages on Long Island.
Joe Moshe
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