Short Sale Chicago

Avoid Foreclosure. I Can Help.

* SHORT SALES: A DIGNIFIED SOLUTION

Short Sales: A Dignified Solution for Many Families

by Steve Harney on August 31, 2011 · 17 comments

Occasionally, Steve Harney, our founder and lead content creator, asks us permission to share his personal feelings on a current real estate issue. Today, is one of those times. – The KCM Crew

I am truly excited that the banks are beginning to see that a short sale in many cases is a good alternative to foreclosing on a property. It makes more sense to sell the property at a higher price. At the same time, the banks are creating less vacant REOs (foreclosures owned by banks) which have blighted neighborhoods and negatively impacted  surrounding house values for the last several years

It is also satisfying that so many of my fellow real estate professionals are taking the time to get properly trained to facilitate these transactions to a successful closing. It is a good revenue stream for some agents at a time that has proven to be very difficult for many industry professionals to make ends meet.

Read more…

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September 2, 2011 - Posted by | Buying, Foreclosures, Selling, Short Sales

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