bank owned homes: Stanislaus County Short Sales Numbers set to Explode!
- 07/05/12 08:02 AM
Stanislaus County Short Sales Numbers set to Explode! I was pretty sure that eventually this would happen. I was pretty sure it would be soon. Now it has. The number of homes sold in June of 2012 in a Stanislaus County Short Sale surpassed the number of bank owned homes sold. You can see the numbers for yourself in my post June 2012 Stanislaus County Home Sales Stats. Stanislaus County Short Sales have been closing the gap on the number of Bank Owned Homes (REO) for the last several months. Bank owned sales have dominated the market here for … (1 comments)
bank owned homes: June 2012 Stanislaus County Home Sales Stats
- 07/05/12 05:42 AM
June 2012 Stanislaus County Home Sales Stats The sales numbers are in for Stanislaus County Home Sales for the month of June 2012. Distressed properties (Bank owned and Short Sales) are still dominating the market. Here are the June 2011 and June 2012 Sales Stats for single family homes: Total Sales June 2012: 592 sold * 29% (173) Bank Owned * 31% (184) Short Sales 60% of sales were distressed properties Total Sales June 2011: 658 sold * 49% (325) Bank Owned * 21% (141) Short Sales 70% of sales were distressed properties
The lowest price home … (0 comments)
bank owned homes: Turlock homes are selling !!!
- 06/04/08 10:19 AM
Yes homes in Turlock are selling. Homes all over the area are selling, not just in Turlock. More and more first time buyers are stepping up and buying.
This home pictured here I listed on Friday June 1, 2008. After being on the MLs for a total of 3 hours I had my first offer. By Monday morning I had 3 very good offers. We are now in escrow and the buyers are thrilled.
The statistics from Metrolist MLS prove that homes in Turlock are selling. In May of 06 48 homes sold and in May … (6 comments)
1. Use an agent that has some experience representing buyers of bank owned homes (REO) 2. Put down at least a 1% earnest deposit. 3. Most of the time the seller (Bank) is going to choose the Title and Escrow company. 4. You will probably not get any repairs paid for by the seller (bank). (If its a safety issue you might) 5. If it is a low priced, good condition, clean REO there may be multiple offers. (We are seeing this happen a lot … (4 comments)
Stanislaus County Short Sales Numbers set to Explode! 
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