mls: Short Sales Assitance With Sandra Mathewson RE/MAX Complete, Sparks, Nevada
- 03/21/10 06:01 AM
SHORT SALE
A short sale is a situation in which the seller (1) owes more money on the loan (and other liens on the property) than the sale of the property will likely produce on the market and (2) is unable or unwilling to bring money to closing. In a short sale, the lender has not yet foreclosed on the property, which privides a window of opportunity for the owner to sell the property in order to at least partially satisfy the amount owed to the lender.
WHY SHORT SALES ARE PREFERABLE TO FORECLOSURE
Short sales are considered preferable to foreclosures … (0 comments)
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mls: Silver Springs, Nevada Real Estate April 30, 2009
- 05/05/09 07:44 AM
The recession, state budget woes and rising unemployment continue to be the headlines. Real estate is struggling, we all know that. This is the MLS data for the month of April in Silver Springs, Nevada.
There were only two sales, both bank owned and both manufactured homes:
#1 List price $91,000 sold for $80,000 1420 Fir Ave.
#2 List price $59,900 sold for $58,000 1905 E. 4th St.
For May we start off with 72 listings, 51 are manufactured homes and 5 are bank-owned, 2 short sales and 1 subject to court approval. Of the 21 stick built homes, 5 are … (0 comments)
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mls: Silver Springs, Nevada Real Estate MLS March 2009
- 04/11/09 02:31 PM
Silver Springs, Nevada is a very small town, usually overlooked, but I think it has a bright future. Rural, lots of land available and right in the middle of Fallon, Fernley, Carson City and the new highway coming right towards it.
For March of 2009:
2 stick built homes were sold, #1 list price $99,900, sold for $97,000 @$74.39 sq.ft. This was a bank-owned property. #2 listed at $190,000, sold for $160,000 @$93.57 sq.ft.
7 manufactured homes were sold, 5 were bank-owned 2 were regular sales.
High list price $190,000 Low list price $24,900 Average list price $83,821
High sale … (0 comments)
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SHORT SALE
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