Real estate blog entries tagged with below market by Mary Hanan (Real Living GreatWest )

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Home : Blogs : Mary Hanan : Mary's Blog : Tag "below market"

below market: Is your seller in a trap? Short selling seemed like a good idea... - 03/01/10 02:17 PM

I recently had a call from a seller who had been advised by his lending company to short sale his house. He had gone through all the paperwork to do a loan modification, but it wasn't approved, hence the advice.
In comes me, a Realtor trying to help this man, he feels he has nowhere else to go, but to follow the advice of the lenders. We begin marketing his house at market value but receive no offers.
I advise him to lower the price below market, but close enough we can still prove it is a good price for the home and the condition. … (0 comments)

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Mary Hanan

Browns Valley, CA

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