I have been so fixated on residential property, I have never given this much thought. But, is it possible to do a short sale on commerical property?

There is an old house built in 1892 and completely restored/remodeled that had been rezoned at some time as commerical. I would LOVE to list and sell it. Sadly, it has gone into foreclosure and is scheduled for sale in July.

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Of course it is possible. It may even be easier than a residential short sale.

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