Home Buying in 32714>Question Details

Mary Fiedler, Other/Just Looking in 32714

I am interested in downsizing but staying in our neighborhood. Looking at 2 short sale properties that are overpriced. 1 has been on the market for

Asked by Mary Fiedler, 32714 Thu Sep 24, 2009

almost a year. We want to offer what we think is correct for home and market.

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4
Hi Mary,

I assume you are purchasing in the Altamonte Springs area. I can certainly advise and represent your real estate interests on your above referenced question but would need far more information. To start, the addresses of the properties in question, it would be beneficial for me to take you through the properties to get a better idea of the home's condition, improvements etc. Of course, short sales are more challenging and time consuming, so I would want to review with you the process in detail.

If you are not presently working with a Broker and like skilled, professional and knowledgeable representation, please let me know.

Sincerely,

Marty Kaiser
407-595-9700
Keller Williams Realty
Accredited Buyer's Representative(ABR)
marty@floridasells.com
Web Reference: http://www.floridasells.com
1 vote Thank Flag Link Thu Sep 24, 2009
Hi Mary,

If a property has been listed as a short sale for a year, then almost certainly the lender will have filed foreclosure papers at court. Get your realtor to check the court records for you. You may be better off talking to the lender's lawyer to see how soon the expect to take possession.

Good luck and get a realtor to help you,
Mark LeMenager
Weichert, Realtors - Hallmark Properties
0 votes Thank Flag Link Sat Sep 26, 2009
Mary - I agree with Marty Kaiser, now is not the time to go it alone... work with an EXPERIENCED Realtor. If you are considering short sales [sigh] work with a Realtor that has experience with them SPECIFICALLY. As a Mortgage Planner, and not someone wanting to be your "agent", I can't stress enough the importance of professional representation in the "New World" of real estate... many of the rules of yesteryear no longer apply.

Homes that are priced right end up with multiple offers... homes in this market that are not... sit.

Advice, now more than ever - will be what drives successful home purchases. =0)

Hope that helps.

Chris Brown
Chris [at] Orlando Mortgage Pro [dot] com
0 votes Thank Flag Link Thu Sep 24, 2009
Dear Mary,

It would be a pleasure to assist you with your downsizing. There are many factors to take into consideration, but it appears that you have your eyes set on these 2 short sale properties. The first thing we would have to do would be to ascertain where they are in the short sale process. That will help us in making a more informed decision.

If you are interested in pursuing this further, just contact me & we'll go from there.

Looking forward to hearing from you & your feedback.

Best Regards,
Marc Grossman, GRI
Broker/Owner – Marc It Sold!
407-463-1034
marc@OrlandoHomes-4u.com

Blogs:
http://www.RealEstateMorsels.com
http://www.RealEstateOffTheLeash.com
http://www.RealEstateCracker.com
0 votes Thank Flag Link Thu Sep 24, 2009
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