Faribault MN Short Sales

Filed in Featured Minnesota Communities by on December 6, 2011 0 Comments

Fairbault real estate makes an excellent long-range investment. Gone are the days where you can just buy up a Faribault house cheap, slap on a coat of paint, and sell it for tens of thousands of dollars more only weeks later. Those days might come back. But if you buy one of the Faribault MN short sales listings right now at today’s prices and stay in the home for awhile, there is no reason why you would not not come out ahead.

The Northstar MLS/IDX listings for Faribault MN short sales are here:

Note: This list of Faribault MN short sales may not include other listings that are currently on the MLS. Prices and availability of these homes can change without notice, so contact us for more information about availability and other short sales listings.

stock photo for faribault short sales home

Is this a good time to buy Faribault MN short sales?

Take a look at the prices of these properties and you be the judge. Since they are short sales, you know that they are already under value, and you can get them for a good price. Some of these short sales are pre-approved, meaning that the bank has already agreed to take a hit. You will not get Faribault MN short sales for pennies on the dollar, like the shysters on the late-night infomercials claim, but you can certainly get a good deal. Banks are more willing to negotiate, and are eager to liquidate their inventory of homes.

Fairbault real estate makes an excellent long-range investment. Gone are the days where you can just buy up a Faribault house cheap, slap on a coat of paint, and sell it for tens of thousands of dollars more only weeks later. Those days might come back. But if you buy one of the Faribault MN short sales listings right now at today’s prices and stay in the home for awhile, there is no reason why you would not not come out ahead.

*Real estate photography courtesy of ReeseImaging.com

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