brickell foreclosure: How negotiable is that Foreclosure property?
- 04/24/09 04:16 AM
I think there is a misconception on Foreclosures, working foreclosures is not an easy job you must educate your buyer so when he/she finds a foreclosure they like they don't loose it because of putting unrealistic offers. I have noticed specially in the last couple of months that when a really good foreclosure comes out- and I will limit this to the Brickell area- there will be multiple offers on the unit and if the unit is located in one of the higher end buildings the unit will sell for more than asking price. So how would you answer the question … (0 comments)
brickell foreclosure: Foreclosures .....advantages to a short-sale
- 07/28/08 04:46 PM
A client asked me once what do you prefer -working a short-sale property or a Foreclosure? Well the answer for me was simple. I prefer a Foreclosure, why?? Well mainly because the entire process will take a lot longer on a short-sale property regardless of what anybody tells you, if your client is not ready to wait 2-3 or even 4 months there is a possibility the client will get tired and walk out of the deal. Short-sale of a property occures when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release … (0 comments)
brickell foreclosure: The Apartment I am renting is in Foreclosure? What can I do???
- 02/24/08 02:32 PM
Working the Brickell Area I have come across this question on numerous occasions. So What happens when a tenant gets a letter from the court stating the unit he/she is renting is in foreclosure? Well unfortunately there is not much the tenant can do, as a matter of fact depending on where in the foreclosure process the unit is in the tenant may not have much time to move out. Once an eviction order is placed tenant must leave the apartment usually within 3 days after notice has been posted. So can the tenant sue the landlord for not honoring the rental agreement? … (3 comments)
I think there is a misconception on Foreclosures, working foreclosures is not an easy job you must educate your buyer so when he/she finds a foreclosure they like they don't loose it because of putting unrealistic offers.
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