Elizabeth, I'd be more than happy to help you with this. Please feel free to contact me at firstname.lastname@example.org or call my office 313 565 3200. I have dealt with many land contract buyers in the past and continue to do so. Please get in touch at your earliest convenience.... more
Feel free to contact me, Im an Agent at Source Realty, Allen Park. I can locate L.C listings in my system and would be happy to show you what I came up with. Email me at Carlamorris13@yahoo.com or call 313 769-6511.... more
my name is jane barnes and I SEEN a house in lincon park 1058 fort park boulevard lincoln park rockwood would souds good to but I Didit look thear jet I hoping to get in to one of the house on 5/1/2012 for now Iam looking to get in to 1058 fort park boulevard on 5/1/2012 call me at 734-789-1377... more
I have a house available that I will be willing to sell land contract in Lincoln Park. It is a 1100 square foot 3 bedroom, 1 bath bungalow with a basement and a two car garage. Its a great house in a great location with lots of updates. Let me know if you're interested.
Hello, If you are still looking and haven't yet committed to a property I have one that is well worth consideration. It is situated in quiet neighborhood near Lincoln Park/Southgate Border. Features a Large Kitchen with Granite counters, new stainless steel kitchen appliances, kitchen & bath is new from studs out, solid maple cabinetery, new bathroom, new roof, new exterior, new all the way around. Central Air, big Garage, full basement too. If interested please call me @ 734-625-0293 (Debbie) to view property. If it isn't right -- I have access to others but this one is nice. Payments would likely be in the low $900's including taxes & insurance with a suitable $8000 downpayment.... more
With a short sale you are trying to convince a lien holder to let go of a property for less than what is owed on the property. This takes much negotiation. Not only that, but like some of the other answers say, it can take a very long time to close on a short sale. You run into resistance from Real Estate Agents (like you've encountered) and also by Mortgage Brokers/Banks that want nothing to do with these types of properties. I have recently had, even in this economy where you would think somebody would jump at the chance, Mortgage Brokers tell my clients that a short sale was too much work and refused to work on one.
To answer your question, YES. There are definitely agents better at short sales than others. They will have experience in selling previous short sales (you may try and find some recently sold short sales in your area and contact the selling agent). A lot of them will have extra, specialized training on short sales. They will have greater negotiation skills. They will also have a network of people to assist in the short sale (including lenders willing to lend money on short sales).
You are absolutely right that this is a good way to find a great deal, but may not be the best for many of these reasons. There are other pre-foreclosure deals out there, but are harder to find. When the seller owes less than what is owed there is more of a chance to get the home for less than market value.... more