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Foreclosures and Short Sales are costing you $$$

By
Managing Real Estate Broker with Maxus Realty Group of Samson Properties Broker - Realtor - CEO

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Foreclosures and Short Sales will determine how much homes will be SOLD for in 2009!


Fernando, what about all these vacant foreclosures in my neighborhood, aren't they dropping home values around me?

If you live close to a vacant foreclosure, first of all you may want to watch out for unusual activity around the home. Call the Realtor listed on the sign, call his office or just call the police if you suspect something is not right. Vacant homes are magnets to crime and unruled teenagers doing thousands of dollars worth of damage to homes around the nation.

Now, when it comes to your equity. . you are losing control, actually you never had any. . A vacant property on your neighborhood is sucking the equity of everyone’s homes. 

This is the time you need to get involved making sure that this property gets sold ASAP.

I‘m serious . . . If I lived next to a vacant foreclosure, I will be cutting the grass and cleaning the outside of the property if it needs too. A foreclosures or a short sale means that the homeowner has run out of money. .plain and simple. Keeping up with minor repairs are getting ignored and accumulates slowly to a "equity sucker" for the whole neighborhood.

That's right . .

Get involved. .the sucking sound you hear. . is coming from the equity of your own home!

To make sure that a foreclosure isn't in your future. . .we do short sales in the MD, DC region

When the mortgage payments becomes you. . .We can help!

Call Fernando 240-426-5754

Less that 1% of Realtors in the USA are CDPE certified

Fernando is a Certified Distressed Property Expert

Short Sales and Foreclosures
Foreclosures
When does a  SHORT SALE becomes an OPTION FOR YOU?
More info about Maryland Short Sales

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Fernando Herboso
Herboso & Associates
Realtor/Consultants
CHOICE REAL ESTATE
"Working with us it's not an OBLIGATION. .it's a choice"
Phone: (301) 881-8900
Cell: (240)426-5754
www.ReallyNiceHomes.com
Click to Talk to Fernando Herboso!
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Sandy Blanton
Pensacola Real Estate - Team Sandy Blanton Realty, Inc. - Pensacola, FL
Pensacola Real Estate- #1 in 07null- 09null

Nice post Fernando! I agree that foreclosures and short sales often set new lows for neighborhoods. However, it really is out of our control. In my market, foreclosures account for approximately 33% of the sales closed the first 2 weeks of this year. This number will no doubt continue to grow and foreclosures and short sales will continue to be the some of the toughest competition for an average home seller. It's good to see that you took the time to learn more about these properties by obtaining the CDPE certification.

Jan 15, 2009 03:51 PM