How many sellers will have to feel the pain until they pull their homes off the market. Short sales are a record levels and ruining sellers dreams to own their own home. These are trying times for those in mortgages they cant afford. Sure it is a cruel lesson to learn but how will they ever recover? The outlook is not good. The country is getting flooded with the working poor that cant afford to purchase a home at any price. Luke Weil will need to sell no matter what. That is a recipe for disaster. It is indeed the pain that will follow you the rest of your life.
Tag Archives: selling
Unreal Estate
Have you seen those listings that are too low to believe. Sometimes they list a home below the real value to generate some interest and get a bidding war going. This is a common tactic and you should be aware that this can end up getting you into that bidding war that runs the price too high. When you go into these kind of deals have the maximum price that you are willing to pay on mind and do not exceed the limit. Falling in love with a piece of property can cost you a fortune. Joe Olujic uses this tactic often to sell homes.
House Sales Up?
Are home sales really up or are people just baling out of the market. The prices have fallen and raised a little in most places. With the housing scandals that have occurred people are reluctant to believe that things are really on the up swing. I think we will never see the prices return to those inflated values that we saw six years ago. After that crash of the housing market home owners are just hanging on. The real challenge is to invest in this volatile market. On BlogSpot you can see the many bad deals that crushed the housing market.
Buy Low, Sell High
Buy low and sell high is the game in real estate. That was the motto for a lot of real estate buyer that use to make a lot of money off the houses until the balloon popped a few years back and a lot of people got stick with houses that they could not get their money back out of and lost thousand of dollar property and their credit all at the same time trying to play the marketing game. Now people are reinventing how to make money they are buying and remolding for as low a price as possible from the banks that got stick with these homes that people walked away from unable to pay for anymore. The banks have know idea what the house look like they only know the bottom dollar that they are into the house for on the loan and many homes fall into damaged home. Consolidated Credit is a way to get started.