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4 Articles match "2008","Bank Owned","MLS"
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Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. If a short sale doesn’t work, it eventually becomes a bank-owned foreclosure. Today, approximately 10 percent of the listed properties are short sales. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
Digital Real Estate Data Means "OPEN HOUSE" 24/7
Gone are the days when real estate agents guarded the Multiple Listing Service (MLS) information. Now, buyers and seller can see all the MLS homes online — for free! They can even bid online for bank-owned auctions at RealtyTrac . The Internet is rapidly and radically transforming the way people buy and sell homes. An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Local Market Perspective: Cape Coral, Fla.
The opportunity to own a home at affordable prices has never been greater, but getting to the closing table is so much more difficult. Many of the best deals in our area are bank-owned properties. In our city, the bank has taken the property back but they may not have paid all the liens from our code enforcement and generally speaking that does not come up until the final title search is done, so a delay is normal. Editor's Note: This is the first in a series of guest blog posts from members of the RealtyTrac Agent Network . The agents will be sharing their insights
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Short sales rising
Scanning the Southern California Multiple Listing Service (MLS) last week, the one thing that stands out is the growing number of short sales. Last year, you rarely saw the phrase “short sale” in the MLS property description. If a short sale doesn’t work, it eventually becomes a bank-owned foreclosure. Today, approximately 10 percent of the listed properties are short sales. That indicates lenders are getting more eager to unload properties in foreclosure, even if it means selling them for less than is owed on the mortgage.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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Digital Real Estate Data Means "OPEN HOUSE" 24/7
Gone are the days when real estate agents guarded the Multiple Listing Service (MLS) information. Now, buyers and seller can see all the MLS homes online — for free! They can even bid online for bank-owned auctions at RealtyTrac . The Internet is rapidly and radically transforming the way people buy and sell homes. An avalanche of information now available on the World Wide Web is shifting the balance of power in the real estate industry and giving homebuyers and sellers more control over the deal than ever before — and changing the nature of real estate forever.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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As Home Prices Plummet, When Will You Buy?
If renters see little incentive to rent rather than owning a house, they will start buying. We sold a condo and bought a single-family home.
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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