Real estate blog entries tagged with bank owned by John Allaire (Prudential Utah Real Estate, Eden Utah)

Channels
Consumer
Professional
States
USA
- AL
- AK
- AZ
- AR
- CA
- CO
- CT
- DE
- DC
- FL
- GA
- HI
- ID
- IL
- IN
- IA
- KS
- KY
- LA
- ME
- MD
- MA
- MI
- MN
- MS
- MO
- MT
- NE
- NV
- NH
- NJ
- NM
- NY
- NC
- ND
- OH
- OK
- OR
- PA
- RI
- SC
- SD
- TN
- TX
- VI
- UT
- VT
- VA
- WA
- WV
- WI
- WY
Canada
- AB
- BC
- MB
- NB
- NL
- NT
- NS
- NU
- ON
- PE
- QC
- SK
- YN

Home : Blogs : John Allaire : Northern Utah Residential and Recreational Real Estate Specialist : Tag "bank owned"

bank owned: 22% of Single Family Homes Listed in Utah are Short Sales - 02/26/11 06:08 PM

I had the pleasure of representing some awesome, patient buyers who recently closed on a short sale transaction in Utah "only" five months after their original offer was written. I have represented only buyers in short sale transactions, and after many attempts, I can finally say that short sale trasnactions CAN actually close. Having closed only one of 10 short sales transactions, my personal recommendation to buyers looking to purchase a short sale property is to avoid them unless they enjoy waiting for inept, non-responsive mortgage companies to respond (if at all).
Now to the shocking figure in the subject line … (2 comments)

bank owned: The Market is Never Wrong - Distressed Property Sales as Comparables - 04/09/08 12:11 PM

I work in a beautiful resort area where many people purchased homes, condos and land (many with cash) over the last few years.
Many buyers got in before or while prices shot up in 2005 and 2006. Since 2006, inventory levels have increased and sales prices have slowly fallen. List prices on properties where sellers don't need to sell have been slow to come down. Sellers have every right to list a property at whatever price they feel most comfortable with, as long as there is an agent willing to list it for them. I don't have an issue with that. Personally, I would rather lose a significantly over-priced listing than continue to market it, but another discussion.
I take issue … (1 comments)

Related Links:

John Allaire

Eden, UT

More about me…

Prudential Utah Real Estate, Eden Utah

Address: PO Box 623, Eden, UT, 84310

Office Phone: (801) 745-2619

Cell Phone: (208) 841-6774

Email Me

Market update on trends, statistics, comparisons and listings for the Northern Utah Real Estate Market. Market area includes Eden,Liberty,Huntsville,Powder Mountain,Snowbasin,Ogden, Pleasant View,Morgan and Mountain Green. Covering Weber, Morgan, Davis and Cache County Utah.

Listings

Links

Archives

Find UT real estate agents and Eden real estate on ActiveRain.

Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.