foreclosures: Investors Drive Foreclosure Prices Up and they are selling!
- 07/24/09 07:12 AM
I was reading the daily Realtor News magazine and they had an article on investors who are diving the prices up on foreclosures. I recently had a closing on a foreclosure that this was the case. As soon as the listing hit the MLS the listing agent was flooded with phone calls on this home. It was a Real Bargain on a 3600 sq. ft. home with a pond overlooking a huge water garden and mountain views. I had a client who I called immediately who went out to see it and we put in a high bid on it and … (7 comments)
foreclosures: WARNING! Make sure you get ALL forms signed, it saved me my commission!
- 01/31/09 01:49 AM
I had an inside scoop on a home that was going into foreclosure. I had been keeping in constant contact with the local bank because I knew how much this home was worth because our company built the home. The home owner pulled a fast one the day it went to the court house steps and had filed bankruptcy so it was stopped. The local bank took them to court and said NO we have already filed foreclosure sorry. They won their case and it went back in foreclosure. Back to the court house steps it went. We went to the foreclosure and … (55 comments)
I was reading the daily Realtor News magazine and they had an article on investors who are diving the prices up on foreclosures. I recently had a closing on a foreclosure that this was the case. As soon as the listing hit the MLS the listing agent was flooded with phone calls on this home. It was a Real Bargain on a 3600 sq. ft. home with a pond overlooking a huge water garden and mountain views. I had a client who I called immediately who went out to see it and we put in a high bid on it and … (7 comments)
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