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foreclosures: Can you tell me when will the market get better? - 08/09/10 09:36 PM
When will it end? That is probably the most common question I am hearing these days. I really wish I had an answer for everyone that asks that question but there is really no way of knowing. I know that whatever I tell them would be a guess. My personal dilemma is how to answer this question without sounding or appearing like a pushy sales guy telling the buyer that all is well just so they will buy. I know that our market (generally speaking) is currently under valued. I know that interest rates are at historic lows which are all
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foreclosures: A buyer's perspective on Short Sales - 08/19/09 07:40 PM
Have you been in this situation lately? Mr. and Mrs. Buyer this listing is a short sale. The little research I did on the property tells me that the home has 2 loans on the property the first with Bank of America and the second with Ocwen. I can tell you from experience Bank of America takes many months to complete a short sale sometimes up to 6 or 7. What is your time frame? can you wait this long? The buyers emphatically insist they can wait as long as they need to for the home, it is everything they want.
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Christopher Johnson
Brandon,
FL
More about me
RE/MAX Realty Unlimited
Address: 2020 W. Brandon Blvd, #105, Brandon, Fl, 33511
Office Phone: (813) 699-0882
Cell Phone: 813
Email Me
Talking Real Estate in Plant City and throughout the Tampa Bay community. We are experiencing a high rate of foreclosure and high unemployment. As a real estate professional, it is now our responsibility to help guide home owners and home buyers through these trouble times and to shed light on indicators of a stabalizatoin of home values.
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