Today I went to show a Fannie Mae foreclosure but the listing agent told me he has a contract as of last night. I then asked him about another Fannie Mae foreclosure and he told me that one also has a contract above the list price.

My client was wanting to make an offer on the house this morning and before we found out the deal was done they asked me how much to offer. I told them that they need to offer about $5000 over the list price.But, we were too little too late.

We are still seeing many Dyersburg foreclosures but the sales prices on the lower priced ones are starting to creep up and the higher priced ones(for the most part) have already gone up.

So folks, no more low ball offers for Dyersburg foreclosures. Our economy is recovering and home prices stabilizing.

There still some deals out there but you just have to be the first one there. Call me or my staff to get there first for Dyersburg foreclosures or Dyersburg real estate.