Although rehabbing and eventually building is my biggest passion in real estate, Short Sales are where it’s at in this market. As the real estate market changes so is the need to change your investment strategy. I wasn’t a big fan of doing short sales because of all the paper work and bank interaction that is needed but the market is so full of pre-foreclosures and home owners who need to get out of their house with little to no equity that the short sale is the only option. Without short sales, home owners can’t sell their homes; Without short sales, it’s usually not a good investment for you. So, short sales here I come…..


1 user commented in " Short Sales, Here I come "
Follow-up comment rss or Leave a TrackbackNice blog post. We are facing the same thing in Charlotte, NC. Most owners are faced with losing their homes due to adjustable rate mortgages and aren’t able to sell because of the surges in foreclosure.
Although I noticed there is a lot more competition, but we get more responses with more times we hit a prospect.
I would like to speak with you about your experience with short sales to see if we can swap ideas.
You have my email.
Dante
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