Distress Sale in New Port Richey - The Short Bus Stops Here

By
Real Estate Broker/Owner with Real World Properties, Inc.| Your Real Estate Consultant for Life

No, this is not an "anti-PC" post--the "Short Bus" in this case is my newest project--instead of playing on the foreclosure side of the fence, why not tackle the side on which we might actually make a difference and help someone?  That, my dears, is called a "short sale"--when a homeowner knows they are in danger of not only losing their home, but also their credit, dignity, and hope of future homeownership for a very long time.

That's where we can step in--"we" being the responsible Realtors and lenders--the ones who in the past several years might have said to our clients:  "Yes, Mr. and Mrs. Seller, you can purchase that home with no money out-of-pocket and an ARM mortgage...but...should you?"

The fact is, and what so much of the popular media seems to forget, is that behind EVERY single foreclosed home is the story of someone's loss, someone's sorrow, someone's failure.  Thus, here's my attempt at a new meaning for "Short Bus":  a smaller bus than the one necessary to carry the weight of foreclosures going forward; focus on short sales not foreclosures.

Here's one--a really nice lady, referred to me by another fine area Realtor who cares--she's moved out of state to help out parents with failing health, and through a defaulted lease agreement now faces potential foreclosure.  For those renting out there right now, this situation is becoming more and more common--so be sure when you sign that lease with a private owner that you know the whole story!  Do your research and use a good Real Estate Consultant--you may be better off buying right now!

This home is in great shape (unlike many of the foreclosures out there--see the Foreclosure Bus Tour), and is not only well under market and assessed value, but could be had for less than rent!

 

For more information or to make an appointment to see this home, please: >

Contact Me

Join Active Rain

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Florida Pasco County New Port Richey Colonial Hills
Groups:
Realtors®
Rain For Change
Posts to Localism
By Referral ONLY active Rain Makers!!
Tags:
tour
foreclosure
pasco
short sale
foreclosure bus tour
foreclosure bus
short bus
realworldproperties
renttoown coop
foreclosurebuspasco

Spam prevention
Show All Comments
Rainmaker
2,857,763
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Loretta, I am sorry to hear this, my Aunt moved to New Port Richey years ago and her whole family followed her....she just loves it there and hadn't mentioned anything about foreclosures in the area. 
Mar 31, 2008 12:15 PM #1
Rainmaker
78,333
Loretta Buckner
Real World Properties, Inc.| Your Real Estate Consultant for Life - Palm Harbor, FL
Your GREEN Real Estate Consultant For Life!
Carole, there are foreclosures everywhere--New Port Richey is no better and no worse than anyplace else in my experience.  The important thing to remember is that foreclosure CAN be forestalled--it is not the only solution when financial issues become insurmountable.
Apr 01, 2008 06:43 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
78,333

Loretta Buckner

Your GREEN Real Estate Consultant For Life!
Ask me a question
*
*
*
*
Spam prevention

Additional Information