This weeks Stupid Real Estate Question is about short sales. Short sales sound like a great idea for the buyer, but are they really? A $200,000 home for $145,000? Who could pass that up?
Do you know what a short sale is and do you know how LONG a short sale takes? At the end of the day, a short sale isn’t.
Nearly 66% of active short sales NEVER close! Two out of three. Staggering statistics.
You’ve heard about some of the prices on homes for sale these days. Short of Professional One setting up a personalized, automated search for you, here are the latest and greatest foreclosure and short sales currently on the market in Canton and Plymouth, Michigan: Canton-Foreclosure-List-February-2010 Plymouth-Foreclosure-List-February-2010 For more information on these properties, or others that… Continue Reading
Recently Michael McClure wrote a post on short sales and why, as a buyer, they may not be the optimal option for you to consider. So, what happens if you are a seller and find yourself in the position of needing to sell your home short? You Are Not Alone First, understand that the… Continue Reading
So, unless you’ve been hiding under a rock for any period of time, you’ve probably heard that there are a fair number of foreclosures and short sale properties currently available on the active real estate market. A new feature here at the Professional One real estate blog will be to provide a monthly list of… Continue Reading
Everyone wants a deal! We want the best price and quality combination our shrinking dollars can afford us. The same is true for folks entering the real estate market to purchase. If you haven’t noticed, many folks when they call for housing information, ask for information regarding foreclosures and these “short sales.” I’ll tell you… Continue Reading
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