We have a friend who’s neighbor is selling his beachfront property in Bear Lake for $665,900 and is in trouble. This will be a short sale, but the value is there. There was a sold comp for $775,000 and there are two other actives around $800,000, so I think it’s a pretty good deal. Anybody thinking about [...]
Once again…..I get asked EVERY DAY about SHORT SALES and ALL THE DEALS you are all SEEING ON LINE! DON’T BE FOOLED….LISTEN TO ME; DON’T BE FOOLED! A short sale doesn’t guarantee you ANYTHING! It may never even sale! Many of the prices are false and the property will never even sale for the advertised [...]
The days are back where you can find a NICE, FAR EAST property for UNDER $100 a foot. Back kin 2004 I wrote and article and in it I predicted that east side property would be selling above $100 a foot on average. Many laughed and then in 2005 and 2006 we FAR exceeeded that. [...]
You must know what you are getting into. There are two kinds of SHORT SALES: Approoved and NOT Approoved. A house may seem like a KILLER DEAL but guess what, it’s NOT and APPROOVED SHORT SALE. Thus, you’ll NEVER get the place at that price! Don’t be aware of those scams. Here are the BEST [...]