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12 tactics for today's market - Step 12 - Last one!!

By
Real Estate Agent with Cynthia Froid Grop

Step 12: Create a plan for short sales and foreclosures

 

Too many people are finding themselves in trouble and upside down in their properties.  I know in the Lubbock market we have seen a big increase in the number of foreclosures.  Its kinda sad how many there are.  A short sale is where the lender agrees to accept a percentage of the mortgage balance in order to avoid foreclosure.  Short sales can be tricky, but I have done 2 in the last coupe of months.  They seem to be helpful, because in most cases you can do a short sale before your clients actually have a hard hit on their credit.  

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Matt Ratcliffe, REALTOR
Keller Williams Realty Brazos Valley - College Station, TX
Thanks for posting in AR.  It is amazing how technology has pushed learning.  I hear you are doing great...keep up the good work.
Jan 26, 2008 04:13 AM