ponce inlet bank owned property: Port Orange, Florida Market Analysis
- 11/24/09 01:43 AM
According to Florida Association of Realtor Media site, for September of 2009, sales in the Daytona Beach area were up by 43% and prices had fallen 18% compared to the previous year. This is median sales price. I handle many bank owned properties and the banks want to know market trends, not just for their listings, but for the market in general. Research like this is more accurate than what you see on the news or on the internet regarding large trends. The difference is not only due to local markets not reflecting larger ones, but also because of how … (2 comments)
ponce inlet bank owned property: Terms vs price. Making an offer on bank owned property.
- 10/29/09 12:31 AM
Let's cut to the chase. Banks are not just motivated by price. I have researched this and lived it. I suggest agents look at the structure of REO deals and see what terms work best.Some experienced agents have told me that buying REO property or short sales isn't much different than "traditional" real estate. Bull.If you look at all the sales of single family homes in the MLS on beachside south of the Dunlawton Bridge you will find something interesting. This area includes Ponce Inlet, Wilbur by the Sea, and some of Port Orange. Only 2 homes have sold for … (7 comments)
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