dorchester homes: Remember When We Despised Short Sales...
- 07/07/10 02:36 AM
Not so long ago, I remember a time when mentioning a Short Sale was like saying a four-letter word. Reflecting on my first short sale listing in the summer of 2007 I can recall numerous telephone conversations that began with "I'd like to schedule a Showing" and ending in "Oh it's a Short Sale...Let me call you back". Needless to say I never received a call back and I wasn't holding my breath either . I remember conversations with other brokers I know at the time and the disgust they had for short sales. Many refused to show them to their … (2 comments)
dorchester homes: Short Sale Purchase Program
- 07/04/10 02:42 AM
Real Estate investment company, Rigid Capital Investors launches short sale purchase program. Rigid Capital Investors is a Boston Based real estate investment company. In addition to renovation projects and real estate development, they are now looking to purchase short sales as well. As a significant number of home owners are facing foreclosure, many do not know their options and do not understand the process of a short sale. For those of you that don't know, a short sale is the process of selling real estate for less than what is owed on the mortgage(s). Rigid Capital will negotiate the purchase price … (0 comments)
dorchester homes: Dorchester Massachusetts Condo Sales Reprot August 2008
- 09/04/08 08:17 AM
Dorchester Condo sales volume in August 2008 has declined 27% versus August 2007. Additionally, the median sales price has declined 16% fro the same period. Dorchester has been hit hard by the mortgage crises and many recent home buyers were forced to sell short or allow there properties to be foreclosed on. The actual numbers are as follows: Total sold volume 2007 was 44 units while only 32 units sold in 2008. The median sales value was $254,250 in 2007 and dropped to $212,500 in 2008. For additional information about the Dorchester real estate market visit sharpbuyers.com … (0 comments)
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Not so long ago, I remember a time when mentioning a Short Sale was like saying a four-letter word. Reflecting on my first short sale listing in the summer of 2007 I can recall numerous telephone conversations that began with "I'd like to schedule a Showing" and ending in "Oh it's a Short Sale...Let me call you back". Needless to say I never received a call back and I wasn't holding my breath either . I remember conversations with other brokers I know at the time and the disgust they had for short sales. Many refused to show them to their … (2 comments)
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