Real estate blog entries tagged with foreclosure by Lyn Sims - Schaumburg Homes (Schaumburg Real Estate - Northwest Suburbs

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Home : Blogs : Lyn Sims - Schaumburg Homes : Lyn Sims ~ Schaumburg Homes ~ Chicago Northwest Suburbs ~ Illinois Real Estate : Tag "foreclosure"

foreclosure: A Foreclosure Story ~ Hope You Will Love This Home as Much as We Did - 01/17/12 06:14 PM

We often forget about the human side of foreclosure. I rarely think about forclosed homes as once being full of life and family anymore. They have become 'routine', just part of the normal market that I see everyday. This is a great story sharing the human side of foreclosure that I hope you will enjoy.
It's a sad part of our job & makes me sometimes wonder 'who really lived here?' Thanks to Linda Humphrey in Nevada for sharing this story.
Via Linda Humphrey, M.D., Broker/Owner HHC Realty (Humphrey Home Connections Realty, Reno, Nevada):
No, this was not the parting sentiment from seller to … (3 comments)

foreclosure: What happened to the price difference between a Foreclosure and a 'Regular Sale'? - 12/07/09 05:09 PM

Recently I have been noticing a disturbing trend in low appraisals all across my area and I'm sure you have too. We are all having a hard time having a 'regular sale', if there is such a thing, get appraised out to the purchase price. There are many of you out there, mostly buyers agents, that don't seem to see a problem with this trend. I DO and here's why - no where in the appraisal guidelines do appraisers have to use REO's and foreclosures in an appraisal. Yep, that's right. By their own guidelines and policies the REO's and foreclosures … (149 comments)

foreclosure: I know Those Homes Sold For That Much...But They Were Foreclosures and My Home Isn't - 09/11/09 02:57 PM

This post serves as an answer to a question I've been receiving alot lately: Are foreclosures effecting my property value? Well, in a nutshell, yes. Foreclosures are priced to sell quickly and as we say in the market - 'gimme that 30 day price.' That's the top market time that's expected for a foreclosure/REO.
This is written by a gentlemen in South Carolina, JL Boney and would give you a great prespective on today's market thruout the country. Because foreclosures/REO's are everywhere - even in your neighborhood!

Via JL Boney, III Columbia, SC Real Estate (Russell and Jeffcoat):
So you've decided … (7 comments)

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