lender approval: Short Sale Deals. Really?
- 10/05/10 03:19 AM
The new Multiple Listing System (MLS) software provides a quick glance of information pertinent to real estate professionals about the daily real estate world. This "hot" list includes New Listings, Pending Sales, Reduced List Price, Sold, and Increased List Price. Increased list price? It caught my eye when I realized in the last week, 32 homes in the San Jose area have increased the list price of the home. I had to know why. In this market, what kind of seller believes, after sitting on the market for a while, they should increase the list price? Yep, you guessed it. Lenders. … (2 comments)
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The new Multiple Listing System (MLS) software provides a quick glance of information pertinent to real estate professionals about the daily real estate world. This "hot" list includes New Listings, Pending Sales, Reduced List Price, Sold, and Increased List Price. Increased list price? It caught my eye when I realized in the last week, 32 homes in the San Jose area have increased the list price of the home. I had to know why. In this market, what kind of seller believes, after sitting on the market for a while, they should increase the list price? Yep, you guessed it. Lenders.
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