Massachusetts + New Hampshire Buyers
Buying a Short Sale or Foreclosure?
A Guide for Massachusetts & New Hampshire Buyers
Understand the process, the risks, and what to expect before you write an offer.
Start informed
These purchases can be different from a typical home sale
A short sale or foreclosure may offer an opportunity, but the approval process, property condition, financing requirements, and closing timeline can be less predictable.
This buyer-side guide explains the basics in plain language so you can ask better questions, prepare carefully, and decide whether this type of purchase is right for you.
What the guide covers
Three areas every buyer should understand
Short-sale approval
Why the seller may accept your offer while the lender or mortgage servicer still needs to review and approve the transaction.
Property condition
Why “as-is” terms, inspections, repairs, utilities, and financing deserve careful attention before you commit.
Timing and patience
Why the offer and closing process may take longer—and why buyers should stay prepared for delays or changing requirements.
Local experience matters
Massachusetts and New Hampshire are not the same
Forms, customs, professionals involved, and closing practices are not identical in the two states. The property and the seller’s situation can also affect the process.
Judy Moynihan is licensed in Massachusetts and New Hampshire and helps buyers understand the real-estate side of the transaction while coordinating with the appropriate lender, attorney, title, inspection, and other professionals.
Ready to look at a property?
Get the guide, then talk through the opportunity with Judy
Every short sale and foreclosure is different. A conversation before you write an offer can help you understand the likely process and prepare for the next step.
This guide provides general real estate information and is not legal, tax, lending, or financial advice. Buyers should consult the appropriate licensed professionals for advice about their specific situation.