How To Short Sale
Short Sale Tips and Advice For Homeowners
Monday, October 11, 2010
Thursday, October 7, 2010
Short Sale San Antonio: How to Price Your Short Sale?
There are important issues with short sales that many homeowners and Realtors fail to consider.
One of the biggest mistakes?
How to price a short sale for sale?
According to Realtor.Org, they say "Price your short sale at or near fair market value".
The problem is.....
What is "Fair Market Value" for a short sale?
One of the mistakes we see today is a short sale priced the same as a typical retail sale or an available bank owned property. This is a huge mistake if a homeowner needs an offer on the property.
Why?
The answer is very simple bit often overlooked.
There are a number of issues with short sales that drive down the current value of the property. This is one of the most important factors to consider when trying to sell via a short sale.
Additionaly, you MUST consider existing inventory and local market conditions. For example, for a San Antonio Short Sale, Realtors must take a close look at the number of bank owned property in the San Antonio area.
Here is a video from Third and Long Investments, LLC:
To learn more check out the website from Third and Long Investments, LLC for Texas Short Sale help.
This website at www.shortsalestx.com offers a free guide to homeowners that explains some of the issues when facing foreclosure. Please visit the "Free Report" link on the website for a free in-depth guide on short sales.
One of the biggest mistakes?
How to price a short sale for sale?
According to Realtor.Org, they say "Price your short sale at or near fair market value".
The problem is.....
What is "Fair Market Value" for a short sale?
One of the mistakes we see today is a short sale priced the same as a typical retail sale or an available bank owned property. This is a huge mistake if a homeowner needs an offer on the property.
Why?
The answer is very simple bit often overlooked.
There are a number of issues with short sales that drive down the current value of the property. This is one of the most important factors to consider when trying to sell via a short sale.
Additionaly, you MUST consider existing inventory and local market conditions. For example, for a San Antonio Short Sale, Realtors must take a close look at the number of bank owned property in the San Antonio area.
Here is a video from Third and Long Investments, LLC:
To learn more check out the website from Third and Long Investments, LLC for Texas Short Sale help.
This website at www.shortsalestx.com offers a free guide to homeowners that explains some of the issues when facing foreclosure. Please visit the "Free Report" link on the website for a free in-depth guide on short sales.
Subscribe to:
Comments (Atom)