I am now an NAR Certified Short Sales and Foreclosure Resource. If you know anyone who is in trouble and wants to sell their house or knows someone wanting to purchase a home that is a short sale, send them my way.
Hopefully the length of short sales will drop so buyers will be more attracted to these types of sales.
Buyers need to be aware now that the timeline can be 3-6 months or even longer to close on these types of properties.
Bank Owned and REOs sell fast especially if you have cash.
There are some great deals available to buyers now. The tax credit, the low interest rates and the low prices are a great reason to buy now!
Have a great day!
Pete
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