Commentary on the American real estate market from an auctioneers point of view.
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Question:I have a property we "sold" at auction in August that has $588,500 owed on the first and $227,000 on the second that has been in 'Short Sale Purgatory' going on 4-months.We submitted a complete package to the lenders for a short sale and have been going back and forth since then over the...
I am a full time real estate auctioneer and one of less than 350 people in the USA who is certified as an Accredited Auctioneer of Real Estate by the National Auctioneers Association and would like to comment on the foreclosure crisis. 5,300 American families are losing their home to foreclosure ...