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listing agent: Ready to List and Sell Your Home with a Realtor? How Will You Handle the Shadow Inventory Coming to the Market? A Few Thoughts from a Greenville, SC Realtor & Short Sale Listing Agent - 02/07/12 02:59 PM
All signs point towards 2012 being a significant year, in terms of the real estate market gaining a lot of clarity with respect to the movement of shadow inventory (foreclosed, bank-owned homes, pre-foreclosures, short sales and homes heading towards a foreclosure "sale date").
If you're a buyer, you have the perfect buyer's storm to navigate through and come out smelling like a rose! Inventory, competition in the marketplace and resulting downward pressures on home values, more short sales, more foreclosures and historically low mortgage interest rates all make for an exciting moment in history to be a buyer in the real … (0 comments)
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listing agent: The Time Is Now!!! Do Not Delay The Short Sale Process Any Longer!!! Advice from a short sale listing agent in Greenville, SC - 11/15/11 04:08 PM
As a short sale listing agent in Greenville, SC I see and hear all types of scenarios, circumstances, excuses and even "strategies" with respect to how people think about and handle short sales.
My best advice is to not waste any time and don't overthink the process. Also, don't leverage a short sale innappropriately, as a way to play games with the mortgage lender and "buy more time" to stay in the house.
Here's why:
If you qualify for and you've chosen to pursue a short sale, it's safe to assume you're doing it because you care about your financial health, … (2 comments)
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listing agent: The Short Sale List Price Fairy Tale - A Case Study in Greenville, SC - 11/07/11 03:17 PM
I recently took another short sale listing, to help the homeowners avoid foreclosure. I ran the comps, reviewed the first and second mortgage loan payoff amounts and devised an intelligent starting list price. Additionally, my client clearly understood my recommended list price reduction strategy, based on a specific timeline, the surrounding active listings in the immediate area, the number of missed payments on the mortages and even seasonal market trends and short-term forecasts.
So, what happened when it came time to implement the first price reduction? My client disagreed with any such reduction and wanted the home to remain very close … (1 comments)
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listing agent: Greenville, SC Short Sale and Foreclosure Listings...Is There A Tsunami Wave of Short Sales and Foreclosures Coming to Greenville, SC? - 07/20/11 01:39 PM
On July 13th 8 institutions, including Bank of America, J.P. Morgan Chase & Co., Wells Fargo and Citigroup, met a deadline for submitting detailed action plans on how they will be handling distressed mortgage loans (short sales and foreclosures). The details of these plans, submitted by major banks and other home-loan servicers, were handed in to the Office of the Comptroller of the Currency, which regulates national banks. At this point, all details of any such plans to handle massive numbers of short sales and foreclosures are being held confidential.
July of 2011 was also significant as a very large number … (0 comments)
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listing agent: Contingency Offer....DENIED! Greenville-Simpsonville, SC - Home For Sale - 05/23/09 12:10 PM
My client received an offer to purchase their home recently. It was contingent upon the sale of an existing home. These particular clients are quite flexible and open to considering such a situation. I looked up the offerer's active listing on the MLS and the home looked very well kept and showed beautifully. However, something didn't seem quite right. The home appeared to be listed above fair market value.
We set an appointment for my clients and I to preview the home. After doing my research and speaking to my broker (who used to live in this very same subdivision) it … (8 comments)
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Kirk Westervelt, CDPE-Avoid Foreclosure! Home for Sale-Greenville,Simpsonville,SC
Greenville,
SC
More about me…
Keller Williams - Greenville, SC Realtor -Short Sale Expert!
Cell Phone: (864) 451-2402
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