foreclosures: Short Sale Closed After Seven Months in Tarpon Springs - 09/02/17 04:21 PM
603 E. Spruce St. Tarpon Springs, Florida finally closed as a short sale after a long 7 months!
 
It started as a regular listing and about 30 days in, we had a contract. But after the inspections, the buyers walked. There was just too many issues including a rotting sub-floor. The seller could not afford to fix the issues. She did have equity in the home but after adjusting the list price for all the problems, we had to put it on the market as a short sale and cash only. The seller left town to move to another state and the … (3 comments)

foreclosures: What's The Value of a Bank Owned Property? - 03/27/17 08:18 AM
The short answer to that is what ever someone is willing to pay. 
 
If you're looking for a foreclosure in Pinellas County and think you can get a property that you can move into right away for pennies on the dollar, think again. Just like all the other homes for sale, values are going up and distressed properties are no different. And like everyone else, the banks want to get as much money as possible to recoup the loss they have taken due to the owner defaulting in their mortgage and the cost of foreclosing. 
 
 
 
As you can see in the chart above, the … (3 comments)

foreclosures: Pinellas County Stats Comparison for Foreclosures - 11/29/16 01:51 PM
For those of you that think a foreclosure is a cheep way to buy a house, take note of the current trends. In the 3rd quarter of 2010, when foreclosures were in abundance and banks were looking to unload their inventory, the average foreclosure was selling for $76,990. In the 3rd quarter of 2016, the average foreclosure is selling for $180,596. Gone are the days when you could buy a foreclosed house at deep discounts. It's a sellers market and the banks know that. They do not have as many properties on their books and the persons job it is to sell … (0 comments)

 
Stavrula "Sam" Crafa, RNC,GRI, CDPE, PSA, Providing the integrity and service you deserve.   (Future Home Realty)

Stavrula "Sam" Crafa, RNC,GRI, CDPE, PSA

Providing the integrity and service you deserve.

Seminole, FL

More about me…

Future Home Realty

Address: 10575 68th Ave N, Suite B-2, Seminole, Fl, 33772

Office: 727-394-4765

Mobile: (727) 409-0686



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