distressed property: Kingman Real Estate Still in Distress?
- 12/17/09 07:32 AM
The unfortunate answer to that question is "YES" we are still in a depressed market here in Mohave County, AZ. It is a great time for Buyers and Investors to make their first home purchase or investment property purchases but is very hard on the average home owner who needs to relocate for a job transfer, can't refinance because their home won't appraise for what they owe, has suffered a job loss and can no longer afford the home but due to the market prices can not sell for enough to pay off his mortgage. These are troubling times for … (1 comments)
The unfortunate answer to that question is "YES" we are still in a depressed market here in Mohave County, AZ. It is a great time for Buyers and Investors to make their first home purchase or investment property purchases but is very hard on the average home owner who needs to relocate for a job transfer, can't refinance because their home won't appraise for what they owe, has suffered a job loss and can no longer afford the home but due to the market prices can not sell for enough to pay off his mortgage. ;)
;)
