Four Types of Sales (Are foreclosures the best deals?)

By
Real Estate Sales Representative with The Chin Sells Team at Weichert Realtors

I see people asking about foreclosures all of the time.  The supposition is that foreclosures are the best deals.  Some people think that the banks are so anxious to get the foreclosed home off their books that the homes are priced 10% or more below market value.

There are four types of Real Estate Sales (New Construction, Resale, Foreclosure and Short Sale.

In my blog, I describe each type and show why foreclosures are not usually the best deal

Four Types of Real Estate Sales.

 

 

Comments (3)

John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Ed - Excellent information and tips on the property sales types. Thank you for sharing a very good blog.

Feb 12, 2011 04:03 PM
Ed Urbaniak
The Chin Sells Team at Weichert Realtors - Fairfax, VA

Hi John,

Thanks for the comments.  I really appreciate the feedback.

Feb 13, 2011 02:00 AM
Not a real person
San Diego, CA

I have never seen a bank anxious about anything, including making a loan to me! J

Feb 24, 2011 12:23 AM