short sale: Short Sale Your Home Teton Valley Idaho - Realtor With Experience
- 05/11/12 12:14 AM
West Group Real Estate has the pleasure of working with many clients to help them avoid foreclosure by selling their homes. Banks are cooperating in the process and most are waiving their rights to a Deficiency Judgment against the borrower. We have learned the short sale process and have been successful in helping our clients sell their homes and exiting gracefully. Why do Lenders prefer a short sale over a foreclosure? $$$!! It comes down to money! · A short sale costs the lender about 20-30% less than if they had to foreclose. · Maintaining a foreclosed … (2 comments)
short sale: I’m Gonna be Late for Dinner Again
- 05/01/12 11:49 PM
Last night I called Heather and let her know I was going to be late for dinner. I just got a call to do a drive by BPO and I was going to take the order. I live in Teton Valley Idaho (ID)and the servicer wanted me to do a broker price opinion in Grovertown Indiana (IN).
The servicer’s accent made me wonder if she was a virtual assistant from somewhere outside of the US. Not that everyone in the US would know that ID is for Idaho and IN is for Indiana. In fact I am not sure … (9 comments)
short sale: Shift from Multiple Properties to Multiple Buyers
- 04/30/12 11:47 PM
We are starting to see a shift in our market. Where just last year it was common to see offers state “buyer is offering on multiple property and will buy only one” now we are seeing multiple buyers offering on the same property. In one situation a cabin in rough shape on a town lot hit the market Friday and by Monday had 7 offers. Two of the offers for above ask and one by nearly 130% of ask price. I have suggested that buyers consider the value of the property, not what will someone else likely bid. … (2 comments)
short sale: Need Homes For Sale in Teton Valley Idaho
- 04/15/12 09:28 AM
As bank foreclosures have slowed and short sales are fewer in the market we have need for some homes to present to our buyers. West Group Real Estate has buyers currently in the market for: · Home up to $1,000,000 with acreage – high end finishes · High end home up to $700,000. · Home with horse property/acreage up to $350,000. · Ski Hill Rd area rental property $250,000 to $450,000. · Home needing repairs OK up to $125,000 with some property 1 to 5 acres · Town homes & condos with creek frontage – Victor and Driggs · Entry level … (4 comments)
short sale: The Truth About Short Sale -What to do?
- 02/28/12 11:02 AM
Are you wondering what to do? Trying to decide if you should attempt a Short Saleor just wait for Foreclosure? Are you getting conflicting information? Is it hard to tell what the Truth is? What is fact or fiction? Find a Broker or Agent that has learned how to navigate the process and can show a track record of closings. Here are my recommendationsfor anyone that wants to market and sell their property Short. 1. Contact an agent that has Short Sale Experience. Ask if they will look at your situation and help you understand your options. 2. Be prepared to … (0 comments)
short sale: Teton County Idaho Record LOW monthly Foreclosures
- 11/10/11 11:36 AM
As reported by Alliance Title Company the foreclosure report for the month of October in Teton County Idaho was down to a record LOW of $806,076.13 and our year to date at 34,300,790 is down more than half of last years year to date numbers.
From a monthly high of over 28 million in Jan 2010 this is a huge decrease in foreclosure. Banks are showing a willingness to cooperate with sellers on Short Sales and allowing them to exit more gracefully. … (0 comments)
short sale: Approval of Teton Valley Idaho Short Sales
- 08/27/11 03:42 AM
We just received approval on 2 __((TWO!!))__ Teton Valley Short Sales Yesterday! The Team here at West Group Real Estate is committed to helping our clients achieve their goals! This process is at least for some a viable option to foreclosure. This re-post of Daily Real Estate News | Friday, August 26, 2011: Banks are agreeing to more short sale transactions, and short sales are taking less time to sell, which is helping to clear large inventories of distressed properties more efficiently, says James J. Saccacio, RealtyTrac CEO, in releasing new housing data this week. “This is a glimmer of hope that lenders … (0 comments)
short sale: Equator Short Sale Cerified - West Group Real Estate
- 08/20/11 09:13 AM
I am the Broker for West Group Real Estate and we are Cerified through Equator to handle Short Sale transactions. We are also Cerified through The Realtor(c) Association as a Short Sale and Foreclosure Resource. Around 90% of our transactions in the last few years have been with REO, Short Sale or distressed properties (if you can imagine that). Unsure about what to do? Need someone to discuss options with? Call me, Harley Wilcox 208-787-4554.
… (0 comments)
short sale: What does a Certification REALLY Mean?
- 08/20/11 08:45 AM
I am a Broker in both Idaho and Wyoming. With Cerifications for Equator, e-PRO, GRI and SFR (Short Sale and Foreclosure) I just asked myself "What does it REALLY Mean"? After considering this for a moment I offer this:
Each and every Certification course and test comes with a learning experience (you would expect that right) When we are willing to spend time, money and effort to gain accreditation we show a commitment to learning. Some of these although redundant are simply a third party confirming you have knowledge of a topic. I have a desire to learn. These … (2 comments)
short sale: Banks are NOT Forclosing
- 08/07/11 06:01 AM
At least here in Teton County Idaho Banks are NOT Forclosing most of the homes that have been scedueled for sale. Here is a simple chart to help provide some of the statistics involving the foreclosure market:
While there are fewer Foreclosures, short sales seem to be getting easier and more streamlined. Short sales seem to be the best option for the owners and the lenders. Search for shortsales on our site at www.TetonPropertySearch.com … (1 comments)
short sale: Free Short Sale Presentation, Victor Idaho West Group Real Estate
- 06/22/11 06:32 AM
West Group Real Estate of Victor Idaho presenting a free Short Sale presentation on June 28th at 6pm in our conference room. Office located at 73 North Main, Vicor Idaho 83455. We will have representatives from the legal, tax, title and lending professions. Wondering if Short Sale is right for you? This is your chance to learn from people working in the business. Harley - SFR certified, Graduate of Realtor(c) Institute, broker in Wyoming and Idaho.
… (0 comments)
short sale: Idaho Jobless Rate Falls, New Home Foreclosures
- 05/28/11 03:37 AM
More than 3,000 new jobs created in April! Idaho Jobless Rate Falls a tenth of a point from a record 9.7 percent to 9.6 percent. April 2010 the rate of unemployment was 9.1 percent. For Teton County, the unemployment rate dropped almost 3 percent from 9.1 percent in March to 6.7 percent in April. The drop partially contributed to the longer ski season at Targhee. After 33 months of job declines, April was the fourth straight month that current job totals exceeded earlier years' levels. The economy had 3,600 more jobs than in April 2010. We have had 9 new applications … (1 comments)
Currently three land parcels and can be sold in three tracts or all together. Sale of one tract will be contingent on sale of other two parcels or partial release of loan.
Water rights are significant and are delivered through a gravity system.
Property Features: •· Elevated and private … (2 comments)
short sale: Teton Valley Homes Offered and not sold at Auction
- 09/15/10 02:31 AM
Lots of Homes offered for sale here in Teton Valley Idaho thru auction companies such as Williams & Williams. What is the pattern and why are they not sold? Steps to get there: •1. Seller tries to sell for 12 months to pay off dept. •2. Offered for 6 to 12 months as a short sale at or just below market value. •3. Home gets foreclosed on and enters the market again as REO (bank owned). •4. 5% per month reduction in price. •5. 6 to 12 months later goes to auction. •6. Auction Company charges a 5% buyers premium. Some … (1 comments)
The reduced price is $145,000.00 for 2.8 acres with manufactured home. The property is surrounded by City of Victor and has various development and investment opportunities. Here is a link to the single property web site: http://930w7800s.isnow4sale.com/
… (0 comments)
short sale: In Town Driggs Idaho Home For Sale, Teton Valley (not short sale)
- 03/08/10 04:10 AM
Teton Valley Idaho, this home is in the town of Driggs. It has been constructed with upgrades throughout. Includes granite, hardwood floors, alder cabinets and a garage. Real wood doors and trim. This is one of two homes we are offering for sale on 5th street. This quality for this price is unheard of in the valley. Not a short sale, not a REO (bank owned). This home needs to close simultaneously with the other unit or requires a partial bank release (both homes are under one construction loan). The seller has priced these two homes aggressively to sell. take a look … (0 comments)
short sale: Real Estate Market Report, Teton Valley Idaho (Victor, Driggs and Tetonia)
- 03/02/10 12:47 AM
2010 January 1 through February 28th Market Report for Teton Valley Idaho Real Estate (Victor, Driggs and Tetonia). snapshot. Single Family homes sold - 18 4 of 18 were short sales 4 of 18 were (bank owned) REO 3 lot sales with one a REO (bank owned) one commercial property was leased no commercial sales reported. no condos or twins Compared to last year Jan & Feb (2009): Single Family homes sold - 8 condos - 2 twin homes - 1 3 lot sales no commercial no reported REO or Short sales As reported by the tbor mls. Information is deemed to be reliable, … (0 comments)
short sale: Short Sale and Foreclosures Report for Idaho, Upper Valley and Teton Valley
- 02/24/10 03:29 AM
Here is a Short Sale and Foreclosure Report in Idaho's Upper Valley and Teton Valley as per the M.L.S. reporting of single family houses. Upper Valley including (Jefferson, Madison and Fremont Counties): •· Number of closings in the last year - 456 •· Number of closings that were sold as short sale - 15 •· Number of currently listed property - 509 •· Number of listed property as short sale - 36 •· Number of listed property as foreclosure - 14 Teton Valley (Driggs, Victor, Tetonia, Alta and West side): •· Number of closings in the last year - 176 •· … (1 comments)
short sale: Idaho Help for Short Sales and Foreclosures, Teton Valley and Upper Valley
- 02/24/10 03:25 AM
I have just completed a course in Short Sale and Foreclosures. I am serving South East Idaho including Teton Valley and the Upper Valley. I am here to help. According to the Short Sales and Foreclosure Resource Course: •· National delinquency survey from Mortgage Bankers Association (MBA) 1stQu 09 12.07% defaults and loans in foreclosure. Highest ever recorded in history of the MBA survey. •· Realty Trac reported that 1.9m plus filings recorded in first 6 months of 09. •· NAR survey shows short sales and foreclosed properties accounted for 1/3 of existing-home sales in July of 09. Consequences of foreclosure: Distressed … (0 comments)
West Group Real Estate has the pleasure of working with many clients to help them avoid foreclosure by selling their homes. Banks are cooperating in the process and most are waiving their rights to a Deficiency Judgment against the borrower. We have learned the short sale process and have been successful in helping our clients sell their homes and exiting gracefully. 
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