Manhattan Short Sales Condo Closed. We just had a closing yesterday on one of our Manhattan New York Short Sale condos. This closing came just in time for the holiday season. We work long and hard on this short sale and we are very happy to finally have it closed so that both buyers and sellers have a peace of mind.
We listed this Manhattan Short Sales Condo earlier in the first quarter of 2009. Sellers bought this Manhattan Condo in the height of the market and since the market has soften, the sellers were in financial hard times and needed to proceed to sell this Manhattan condo as short sale so the condo will not be foreclose by the banks.
We are full time Real Estate agents here in Manhattan New York. Working on Manhattan Short Sales Condos is one of our speciality. We know the pricing is crucial in order for us to help the seller out of their position and also getting the approval of the banks. We priced the property according to the market of first quarter of 2009, we compared the prices in the neighborhood and the availabilities and know that we must set the price ahead of the curve and anticipate the market may either dip further or slight increase in value.
If you are a seller that is thinking of selling your Manhattan condo as a Short Sales, please note that working with the right agents with experiences such as ourselves is important and crucial to your Manhattan Short Sales Condo success. We not only have the full market knowledge, we also understand the steps of Manhattan Short Sales process. Please contact us today at (917)837-8869 if you are thinking of selling your Manhattan Condo as a Short Sales.
If you are a buyer that is thinking of buying a Manhattan condo as a Short Sales, you should read our Short Sales series blogs. Buying Manhattan Short Sales are not always 'a bargain or a steal', the price of the Manhattan Short Sales Condos must be fair market price or it will not be approved by the banks. Buying a Manhattan Short Sales must be patient and flexible with your timeframe. There are many other available Manhattan Condos on the market that are NOT short sales but also have tremedeous amount of value and price negotiability, sometimes more negotiability than Short Sales condos, to find out more of these Manhattan Condo listings, contact us today at (917)837-8869 or Morgan.Evans (@) elliman.com.
Having New York-Manhattan Short Sale is complicated, SELLERS or BUYERS please read our series in order to better understand what a short sale is and how we will proceed on with the short sale. If you are thinking about doing a short sale in Manhattan New York city market, call Eileen Hsu or Morgan Evans at(917)837-8869 for additional details and your confidential short sale intake evaluation.
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