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Duckwall Team of Realtors Blog

By Kirk Duckwall | Agent in Minnesota

Types of Home Sales, Estate Homes, Bank Owned, Short Sales and more

When shopping for homes there are many different types of sellers you may be dealing with. The most common are Traditional,Estate Homes, Bank owned, Short sale and Homes owned by the department of housing and urban development or otherwise known as HUD homes. Each type of sellers is dealing with a different situation and there for when writing an offer you will want to take this in to consideration. A prime example is a bank owned seller who is selling a well-priced property may not be willing to pay deferred taxes, pending assessments, or levied assessments where a traditional seller may. It is important when starting the buying process to find an agent that knows the ins and outs of each type of transaction. This can make the difference of whether your offer gets accepted and could potential change your final purchase price by thousands of dollars.

Kirk Duckwall
The Duckwall Team of Realtors
Edina Realty


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