short sale: Foreclosures & Short Sales - 03/10/08 08:59 PM
Foreclosures & Short-sales
Foreclosures & short sales are popping up like crazy in our region.  I was out showing homes to a client and 3 of the 5 we were viewing were short sales.  It's a trying time for a lot of homeowners right now.  Whether it's a mortgage that's resetting or too much equity taken out, it's a difficult scenario.   Home ownership is the American dream yet banks are taking homes back in record numbers.
The Pendulum has swung the other way.  Lending guidelines & appraisals are not just conservative but  amazingly conservative.  I recently had my own home appraised.  I was … (6 comments)

 
Carmen Tomlinson, King & Pierce Counties WA (Re/Max Select RE)

Carmen Tomlinson

King & Pierce Counties WA

Maple Valley, WA

More about me…

Re/Max Select RE

Office: (425) 432-4414

Mobile: (206) 406-3213

Email Me

Maple Valley WA Real Estate, Associate Broker with years of experience! Serving the King & Pierce Counties.


Links

Archives

RSS 2.0 Feed for this blog