can i buy a house in preforeclosure - Zillow Real Estate Advice

pre-foreclosure aka short sale

If the servicer has evaluated or considered the borrower for all foreclosure prevention alternatives in accordance with lenders workout hierarchy and has reason to believe that the borrower meets the general eligibility guidelines for a short sale

and the borrower requests a short sale

Source: http://www.zillow.com/advice-thread/can-i-buy-a-house-in-preforeclosure/466622/

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