lindenhurst ny short sales: Another Lindenhurst NY Short Sale Sold! - 05/26/12 04:04 AM
Another Lindenhurst NY Short Sale Sold!
I listed this Lindenhurst NY short sale on 12/31/11 and got a buyer a few days later. We closed on May 25th, 2012. It's always a relief for the homeowners and the buyer.
For the sellers, they feel like a heavy weight has been lifted off their shoulders. For the buyer, they are relieved the bank accepted their offer and now they have a new home for the first time.
For me, the pressure is off and it feels great knowing my sellers can move on to a new chapter in their lives.
Call me … (6 comments)
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lindenhurst ny short sales: Lindenhurst NY Buyer Profiles 2011 - Conventional Mortgage FHA & Cash - 05/19/12 05:48 AM
Lindenhurst NY Buyer Profiles 2011 - Conventional Mortgage FHA & Cash
As you can see from the chart more buyers are qualified for conventional mortgages compared to FHA.
234 homes sold in Linenhurst NY during 2011. 166 homes sold in Lindenhurst NY during 2010.
So, if you were wondering where the buyers are, there are more buyers now and banks are lending money for mortgages.
38 Lindenhurst NY buyers bought with cash in 201123 Lindenhurst NY buyers bought with cash in 201017 Lindenhurst NY buyers have bought with cash so far in 2012The amount of cash buyers has increased … (0 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sales | Lindenhurst NY Short Sale Homes | Lindenhurst NY Short Sale Housing Market - 05/03/12 05:52 AM
Lindenhurst NY Short Sales | Lindenhurst NY Short Sale Homes | Lindenhurst NY Housing Market
Currently, there are 250 homes for sale in Lindenhurst. 62 of of them are short sales.
So far in 2012, 27 homes have been listed as short sales and 13 of them have sold. That is almost half and a very good sign because this shows banks are starting to move faster than they have in the last five years.
Lindenhurst NY Short Sale Sold Statistics:13 Lindenhurst Short Sales Sold for 2012Average Listing Price 2012: $263,158Average Listing Price 2011: $299,875Median Sold Price 2012: $259,500Median … (1 comments)
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lindenhurst ny short sales: Lindenhurst NY Sold Homes - Lindenhurst NY Housing Market - Lindehurst NY Short Sales - 04/29/12 06:52 PM
Lindenhurst NY Sold Homes 4/23/2012 - Lindenhurst NY Housing Market - Lindehurst NY Short Sales
Three homes sold/closed last week in Lindenhurst NY:
381 Centre Avenue Lindenhurst - This REO home has two bedrooms, five rooms with a 1.5 detached garage and a crawl basement. It was on the market for 40 days.
23 E. Kissimee Road Lindenhurst - Listed for $249,990 and sold for $235,000. Three bedrooms, seven rooms, no basement and no garage. 104 days on the market. Not a short sale or REO property.
51 Winchester Drive Lindenhurst - This short sale home was listed for $289,000 and … (2 comments)
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lindenhurst ny short sales: Lindenhurst NY Sold Homes - Lindenhurst NY Housing Market - The Price is Right - 04/16/12 04:18 AM
Lindenhurst NY Sold Homes - Lindenhurst NY Housing Market - The Price is Right
One Lindenhurst NY home sold last week. It is a five bedroom, 9 room Splanch with a full, finished basement, a 1 car garage and two full baths. Listed for $309,000 and sold for $295,000. On the market for 111 days. List price to sold price ratio: 4.5% - This homeowner priced their home right from the start. 111 days on the market is pretty good considering there are 247 homes on the market right now.
Lindenhurst NY Homes For Sale - 19 homes came onto the … (2 comments)
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lindenhurst ny short sales: Lindenhurst NY Housing Market - 3/25/12 - 03/26/12 05:28 AM
Lindenhurst NY Housing Market - 3/25/12
This housing market report for Lindenhurst NY are for homes that are in the Lindenhurst School District only.
15 Lindenhurst NY homes were newly listed last week and four of them are with my office. Prices range from $159,990 for a one bedroom, three room Ranch to $579,000 for a six bedroom, 11 room Hi Ranch.
One Lindenhurst NY home went under contract. List price is $224,000 and it is a three bedroom, six room Ranch. Average days on the market: 113
There were no Lindenhurst NY homes that closed last week.
… (0 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Market Report - 2008-January 2012 - 02/09/12 11:04 PM
Lindenhurst NY Short Sale Market Report - 2008-January 2012
The Lindenhurst NY short sale market in 2011 almost stayed the same compared to 2010. In 2010, 55 homes were listed as short sales and 30 sold. 50 homes in Lindenhurst NY were listed as short sales in 2011 and 33 sold.
2012 will be interesting. Short sales will continue to be around for a while. I have to assume right now that 2012 for short sales in Lindenhurst NY will be around the same as in 2010 and 2011.
If you have been considering to short sale your Lindenhurst … (2 comments)
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lindenhurst ny short sales: Thank You Sheri at Bank of America - One Less Homeowner in Foreclosure - 02/06/12 10:48 PM
Thank You Sheri at Bank of America - One Less Homeowner in Foreclosure
This is one Lindenhurst NY short sale I will never forget.
After eight months under contract the buyer was going to walk. Frustrated, I wrote a blog post venting at how the short sale process at Bank of America was taking way too long. it wasn't normal.
Two weeks later I received a call on a Friday night from Sheri at Bank of America. Sheri stated that she could try and help move the process along. Since it was too late to call her back, I called her … (6 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sales - Handle With Care! - 12/09/11 09:15 PM
Lindenhurst NY Short Sales - Handle With Care!Last week I overheard a conversation between a new agent and a seller. This new agent is very zealous which in my book is a good thing but to a point.Short sales in the Lindenhurst NY area have been steadily around since 2005. I am finding that some are closing in 90 days or less but that is not the norm here.
I figured out what the questions were by hearing the answers this agent was giving:"Short sales take anywhere from 2 months to 4 months to close". Really? My short sale listing … (5 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sales - Three Little Words That Pack A Punch - 10/23/11 10:10 AM
Lindenhurst NY Short Sales - Three Little Words That Pack A Punch
Communication, communication, communication. I can't stress enough how important communication is from the listing agent to the buyer's agent. From the buyer's agent to their buyers. From the buyers to their attorney.
Lack of or no communication will kill a Lindenhurst NY short sale deal. The buyers will run like the wind and find another home to purchase. It's that simple and who can blame them?
I can't tell you how many times I hear an agent saying that their buyers walked from a Lindenhurst NY short sale … (4 comments)
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lindenhurst ny short sales: Lindenhurst Village NY Housing Market - Median Sold Prices for 3rd Quarter 2011 - 10/11/11 09:04 AM
Lindenhurst Village NY Housing Market - Median Sold Prices for 3rd Quarter 2011
The 3rd quarter numbers for the Lindenhurst Village NY housing market went up slightly compared to the end of the 2nd quarter.
69 Lindenhurst NY homes sold during the 3rd quarter. Sold prices range from $120,000 to $560,000 The home that sold for $560,000 was a 5 bedroom, 9 room Colonial and new construction. It is in the Shore Gables section of Lindenhurst NY and on the market for 32 days. Originally listed for $599,00011 out of the 69 homes sold were short sales. The median sold … (1 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Activity - Month Ending September, 2011 - 10/05/11 08:42 AM
Lindenhurst NY Short Sale Activity - Month Ending September, 2011
Seven Lindenhurst NY short sale homes were listed in September 2011 bringing that total to 60 for the year. Three short sale homes sold in September bringing to total sold for 2011 to 24 up from 21 in August. View Lindenhurst NY Short SalesCurrently, there are 247 homes for sale in Lindenhurst NY. 60 of them are short sales. 24% of the homes on the market in Lindenhurst NY are short sales. In August it was at 21% so the Lindenhurst NY short sale activity has increased by 3% in … (5 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Market Activity - Month Ending August, 2011 - 09/01/11 12:30 PM
Lindenhurst NY Short Sale Market Activity - Month Ending August, 2011
Six Lindenhurst NY short sale homes were listed in August 2011 bringing that total to 53 for the year. Four short sale homes sold in August bringing to total sold for 2011 to 21 up from 17 in July. View Lindenhurst NY Short Sales here.Currently, there are 257 homes for sale in Lindenhurst NY. 53 of them are short sales. 21% of the homes on the market in Lindenhurst NY are short sales. In July, it was at 23% so it has come down 2% in one months time. … (4 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Market Report - July 2011 - 08/18/11 09:44 AM
Lindenhurst NY Short Sale Market Report - July 201147 Lindenhurst NY short sale homes have been listed since January 2011 and 17 have sold.There are 261 homes for sale in Lindenhurst NY. Out of the 261 homes, 58 of them are short sales. That is a tad over 22%. A few months ago, that percentage was at 27%. So, the ratio to regular resale homes versus short sale homes has dropped by 5% in as little as a few months.In 2010, 30 short sale homes sold in Lindenhurst NY. The median sales price: $278,000 with 166 days on the market. The … (8 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Real Estate Market Trends For 2010 - 01/05/11 09:52 AM
Lindenhurst NY Short Sale Real Estate Market Trends For 2010Currently, there are 62 homes on the market in Lindenhurst NY that are short sales. There are 159 regular resale homes on the market as well.There are 11 short sale homes in Lindenhurst NY that are under contract. The average days on the market for these homes is 182. Some buyers shy away from short sales but they do close. The Buyer's Agent needs to know the proper questions to ask the Listing Agent in order to know if their buyer should proceed with buying a short sale home. And, not all … (0 comments)
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lindenhurst ny short sales: Someone At BofA Needs To Read This...Matt Vernon, Are You Out There? - 11/09/10 06:11 PM
Bob Hertzog is a short sale real estate agent in Phoenix, AZ. He had participated in a Loan Mod A Thon today. The complaints the callers had about Bank of America are incredible! I'm dealing with them myself on my short sale listing in Lindenhurst, NY and haven't had any problems but that is far and few between these days.
Bank of America really needs to stand up and pay attention. We all bailed the banks out and this not cooperating with homeowners has got to stop!
Via Bob Hertzog Phoenix Short Sale Realtor®, Designated Broker (Summit Home Consultants):
Someone … (0 comments)
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lindenhurst ny short sales: Why You Should Interview a Short Sale Listing Agent BEFORE Showing Their Listing - 10/27/10 09:04 AM
Chris Ann Cleland is a short sale agent in Northern Virginia. Listing agents must know what they are doing when it comes to listing short sale. Buyer's agents also need to know what questions to ask before showing the listing.
Via Chris Ann Cleland, GRI, SFR (Long & Foster, Gainesville, VA):
Short sales aren't going away anytime soon. They are a market reality. If you want to sell homes, you'll eventually have to deal with them, if you haven't already. Personally, I'd rather list a short sale than bring a buyer to one. As a Buyer's Agent, I am impotent … (0 comments)
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lindenhurst ny short sales: Lindenhurst NY Short Sale Real Estate Market 2008 Through June 30th, 2010 - 07/01/10 10:24 AM
Lindenhurst Short Sale Real Estate Market 2008 Through June 30th, 2010
Short Sale Homes in Lindenhurst that were listed in 2009, increase by 450% compared to 2008.
As of May 31st, 2010, 36 homes in Lindenhurst were listed as short sales. 3 short sale homes were listed in June 2010. There were 26 new short sales listings as of April 30th, 2010
33 short sale homes were listed in 2009. Lindenhurst in May 2010 has surpassed the number of short sale listings compared to 2009. The short sale real estate market is not over by a long shot.
Each month I'm … (0 comments)
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