sarasota luxury homes: Foreclosures are eating up Short Sales in Progress - 07/22/13 11:23 AM
I used to warn the chasers of short sales that the major problem was the length that it would take to close on one and the condition that the home might be in after anywhere from 3 months to over a year had passed.  Now there is yet another real concern for any buyer in the Sarasota area who wants to play the waiting game.  You are in direct competition with the banks holding the mortgages because they are pushing to foreclose on as many properties as they can.  What does this mean to you?  It means that in an appreciating … (4 comments)

sarasota luxury homes: It Also Does not matter what the seller owes..... - 04/07/13 11:08 AM
This is a follow-up to my blog two days ago about the fact that it does not matter what the seller paid for his home....
It really does not matter what he owes either.  We are not privvy to his personal finances and what he owes has nothing to do with what he is willing to sell the home for.  What is your reason for asking these questions?  Are you trying to divine the lowest price you can get him to accept? Believe me, the answers to what he paid or what he owes are only going to mislead you. 
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