Special offer

We have a SHORTAGE of HOUSES to SELL!

By
Real Estate Broker/Owner with Crown Key Realty, Inc; Tracy & Mountain House Sales and Property Management 01490605

Oh my goodness -- if you are looking for a home in good condition, in a good neighborhood is getting harder and harder.  Agents in the Tracy and Mountain House area are now starting to put offers on ... hold on to your hats..... 'SHORT SALES".  WOW -- you heard it right, and you heard it here first.  While a short sale listing might have been the KISS of DEATH --agents are writing and buyers are buying Short Sales?

WHY?  Why are Short Sales selling..... because the owners are taking care of these homes.  Grass isn't dead, the home is still in good condition, there is still love in the home.

Now that buyers want to put offers on Short Sales, all we have to do is get the banks to work a bit faster and there really will be a shortage of inventory.


Comments (2)

Anonymous
Eric Bushnell

We have seen about 15% of recent sales are short sales.  A conversation with a loss mitigation department recently indicated they had 300 files on their desk.  we have also seen tha when our Realors know what their doing they actually get paid a full commission, not always, but most of the time.

It may take longer in most cases, but many of them are closing.

May 04, 2008 06:13 PM
#1
Michael Wayne Jackson
Coldwell Banker - Novato, CA
Broker - Seniors Real Estate Specialist Novato

Great post Susan. I have a buyer closing on a short sale this month and two of my listings have closed recently and they were both short sales.

May 12, 2008 07:26 AM