Short sales, what can I say. It’s like the car ad that sounds too good to be true and the guy that talks really fast gives you the VIN number of the car that sold yesterday. By now everyone knows that a short sale is a home that is priced below what the seller owes [...]
Archive for July, 2009
Short Sales? One in 5 actually close.
Posted in Uncategorized, tagged short sale purchase real estate on July 28, 2009 | Leave a Comment »
Foreclosure “where “as is” really means AS IS
Posted in Uncategorized on July 21, 2009 | Leave a Comment »
When working with a bank on a foreclosure purchase there are a few important differences to keep in mind. First off the bank has no emotional investment in the property so you can make what would normally be considered a ridiculous offer and not insult the seller. You might get laughed at but not run [...]
Foreclosures and Short sales
Posted in Uncategorized on July 14, 2009 | Leave a Comment »
The best deals are where the buyers aren’t Many bargains still exist in the housing market even though the market has begun meander its journey back to what real estate pundits call “normal”. Foreclosures and short sales are often of interest to our buying customers looking for a “deal” on a home or an investment [...]
Inventory continues to drop…
Posted in Uncategorized on July 6, 2009 | Leave a Comment »
With several weeks of a reasonably healthy market behind us it is becoming increasigly important that would be homebuyers get started on the process before the window of opportunity closes. Interest rates are back down, and the government is still trying to pay you if you will purchase before the end of the year. There [...]