ADVENTURES IN REAL ESTATE

Category: Short Sales

  • A Sad Story

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    by

    Dianne Goode
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    I first met Tony (as I will call him) about a year ago. He asked me to come talk to him about listing his house. I calculated that the house would sell for around $170,000. Tony said that wasn’t enough. “I need more than that,” he said, and he listed his house with another agent…

  • ISO Homebuyers

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    by

    Dianne Goode
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    Although the economy in general feels stronger, housing continues to struggle. The first quarter results here in the Triangle show sales down 8% from a year ago. That’s not terrible. But showings are down 20%  from a year ago, and that is terrible.  We have 20% fewer buyers out there looking.  Pending sales in the…

  • The Long and Short of Short Sales

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    by

    Dianne Goode
    in , ,

    Even though home prices in the Triangle haven’t fallen nearly as much as the 1/3 national average, there are still significant numbers of  homeowners in our area who owe more than their home is worth. Some of them are “underwater” because they purchased at the top of the boom.   Others took their equity out…