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7 Comments on Short Sale Houses in Fort Collins CO - July 2012
Good morning, Dick -- while the concept of a short sale purchase may have appeal for some buyers(those who think they will get a "deal") --- the process is fraught with a level of uncertainty that goes beyond "normal" of most real estate transactions and can lead to disappointment. That said and as you relayed -- if a buyer has time and lots of patience, they may find the home that is just the right fit for them. It seems there are many choices outside the short sale segment to satisfy most Fort Collins area homebuyers today and that's a good thing for people who call you to assist them.
That is a very small market in your area. If I were buying a short sale, I would definitely want to work with someone who has a great deal of experience because they are so difficult. Thanks, Dick.
Hi Ron & Michael - Thanks for taking the time to look at my short sale market report for Fort Collins. We don't have many of these homes on the market, and they are much less of a bargain than they used to be, but still worth a look if a quick, easy purchase isn't a priority.
Dick, The short sale market certainly attracts persceptive buyers but they need to know all the hoops they will need to jump through to actually close on one. I am hoping they will streamline the process.
Dick, With the increase in market activity in Colorado, we are seeing much fewer short sales down here in the Denver area. (thank goodness).
I still stand by it is the agent and not the transaction that makes or breaks short sales. I have increased my efficiency to now under 60 days for all of mine with only 1 exception this year.
Good Morning Dick, I have seen a rise in new short sale listings but it is too bad most will end in failure as home owners still list with out of town or inepxerienced agents who botch the sale. Have a great Saturday