563 views
Mike Stodola
"Real Estate Investment and Foreclosure Specialist"
- 9 Helpful Answers
- 56 Answers
- 1 Blog post
Locations:
Web sites:
Profile Link:
Experience:
Real Estate Broker for Koenig and Strey GMAC Realty
January 2001—present
Team Stodola has been selling real estate in Lake County since 2001. We have worked out…
... show more
Team Stodola has been selling real estate in Lake County since 2001. We have worked out…
Specialties:
Team Stodola specializes in working with several groups due to our large size and abundent resources. Mike specializes in helping investors develop and
... show more
Certifications
& Awards:
& Awards:
Mike is a graduate of the University of Illinois Urbana Champaign with a B.S. in Finance. Mike also has earned his brokers license and his G.R.I. Mark
... show more
About:
Team Stodola specializes in helping people to buy appreciating assets using other people’s money. This means that we develop an investment strategy
... show more
Mike Stodola answered:
Believe it or not the price have come down, but many sellers are still not realistic with their pricing. In 2008 the average list price in those areas was 1.16 Million. Homes listed today in those areas is now $815k. That's a $300,000 drop in listing price. The average sales price has also dropped by 27% in the same time period. Builders I work with in that area have been dropping their prices by similar amounts in the last year or two. That said, many sellers still aren't realistic and their homes are sitting there, many times vacant. Sometimes it takes a realistic offer being placed on their home in order for them to come down to Earth on pricing and the current market. I have a list of motivated sellers of homes between $750,000 and $1.5M in Highland Park and Northbrook. Is there a place I can e-mail it?
Thanks,
Mike
p.s. I work with a lender who has amazing new Jumbo loans available.
Thanks,
Mike
p.s. I work with a lender who has amazing new Jumbo loans available.
|
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
|
|
|
Founding members are a small number of participants who submitted content at launch of Trulia Voices to kick off community discussions.
|
|
|
Your question:
Max. 200 characters
Name:
Email:
|
|
Share profile
Contact Mike Stodola
Mike Stodola is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Report this profile
Become a Trulia Voices VIP!
Here’s how:
-
Contribute Often
It only takes 5 contributions per week to become a VIP! -
Strive for Quality
An answer earns you 4 points, but a Best Answer earns you 20 more. You know what to do! -
Share your Content
Blog views and comments earn you points as well. Find out how to make your posts popular on Trulia and take action!
Learn more about the Trulia Voices VIP Program.
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback