Short Sales Are About To Get “Shorter”

Feb

2009

Short Sales Are About To Get “Shorter”

By Bill | Blog, Short Sales Leave a Comment

If you have been following Sarasota real estate in the past couple years, you are probably no stranger to the term "short sale". A Short sale occurs when the seller of a property is attempting to sell the property for a purchase price that is lower than the amount of their mortgage. If the seller receives an offer from a buyer, the seller will ask the bank to accept the contract price and "forgive" or write off the remaining balance owed to the bank. A short sale is different from a … [Read more...]

Jan

2009

My Day Showing Sarasota Foreclosure Homes

By Bill | Bank Owned Homes Leave a Comment

Yesterday, I met with a first time homebuyer looking to purchase a Sarasota bank foreclosure home in the greater Sarasota area. I wanted to comment on a few observations and thoughts I had during our excursion. If you are currently a renter, or someone who is thinking about an investment property, this may interest you! First, there are some GREAT buys out there right now. Ok, lets preface this....most Sarasota foreclosures need work of some kind. That is to be expected. Usually when … [Read more...]

Sarasota Bank Owned Homes

Sarasota foreclosure homes are great buying opportunities right now. These Sarasota bank owned homes are available today, and are updated daily here on my website. Buying a Sarasota Florida foreclosure is a great way to find homes with instant equity in the market. Investors, first time home buyers, and 2nd home purchasers alike should take advantage of these specially-priced homes designed for quick sale. There is currently a lot of competition for these distressed sales, so it is … [Read more...]