Video 102: I recently had an expired Tempe short sale listing come across my email. I bet the seller asked themselves “why didn’t my house sell?” Well if they saw what I saw, they would not be surprised. The house was not priced overly aggressive, the write up was not inviting and the pictures were horrible. When 85-90% of home shoppers are looking online and making the determination of what houses to see the pictures and the writeup can be everything. If you are selling your house I would tell you to go online and do some reseach on your own to see how the house looks on the Internet. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
Video 88: If I am looking at Tempe homes for sale will I get a better deal with a Tempe short sale or a Tempe foreclosure? First question you need to ask is when do you need to be in a house by? If the answer is less than 4 months, I would suggest skipping the short sale and focus on the foreclosure. If you have no time frame then a Tempe short sale may be a better buy than a Tempe foreclosure.
The reason a short sale can be had at less is because of carrying costs by the bank on a foreclosure. If they sell it at market value as a foreclosure, they may only be netting 70% of the market value when all is said and done. So if you purchased it at 90% of market value the bank would be making out better and you may get a better deal. Of course every situation is unique. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.
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