greene county real estate: Fierce Competition over Foreclosures
- 03/18/08 09:01 AM
Wow!! Over the past 3 weeks or so I have seen as many as 10 offers on a single foreclosure! Seems some of the asset management companies are being very aggressive on the list price. Offers exceeding that list price are not uncommon. I am advising my clients that if they have an interest, don't delay in following thru on their plans as some homes are really in pretty decent condition. … (3 comments)
greene county real estate: Finish The Appraisal!--It's the Right Thing to Do!!
- 03/05/08 02:47 AM
With all we realtors must do in this difficult market to get a home under contract, why won't all appraisers establish full value instead of stopping at or slightly above the contract price?? All too often with transactions that the appraised sales price was obviously cut short after reaching the contract terms. I am involved with a home that the seller had paid for an appraisal 8 months, the current appraisal comes in nearly 13% lower!! Area sales actually gained 2.6% in 2007. With unforeseen problems, this "short " appraisal has given us fits as we are now locked into this value as … (7 comments)
Wow!! Over the past 3 weeks or so I have seen as many as 10 offers on a single foreclosure! Seems some of the asset management companies are being very aggressive on the list price. Offers exceeding that list price are not uncommon. I am advising my clients that if they have an interest, don't delay in following thru on their plans as some homes are really in pretty decent condition.
;)
;)
