Market Conditions in Kendall>Question Details

Arteaga, Home Buyer in 33165

WHY EVERY TIME I APPLIED FOR A HOUSE OR APART THE REALTOR FIND THAT THE HOUSE OR THE APART IS NO ANY MORE IN SELL BECAUSE IS PENDING SALE?

Asked by Arteaga, 33165 Fri Jan 14, 2011

the question is: why banks retain propieties?

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5
Arteaga,

One bargain hunter to an other:

Not unusual to whip consumers into a frenzy and in droves to buy bargains after Christmas and clean up the racks with 60-70% savings on original prices. The early bird gets the worm. While it leaves many late comers with the empty racks scratching their head. That is why there are so many holidays and so many sales that we all can share the bargains.

Just as you can with present day real estate sales. With over a half a million foreclosures unsold last year alone your chances are not fading in finding great deals in the pipeline. It does however teaches you to be there early enough to grab the best ones for yourself.

Good Luck,

Gabe
2 votes Thank Flag Link Fri Jan 14, 2011
Good Day
Scott is right, homes that are priced right are moving rather quickly...Also, are you financing? In some cases the seller may look at a cash deal over a financing deal, "cash is king"...many times the cash buyer has less contingencies. Good luck with your search, keep at it.
Thanks
Ainsley Daux
Home Run Real Estate inc
(813)546-1954
2 votes Thank Flag Link Fri Jan 14, 2011
Properties that are priced at or below market value are actually selling quite rapidly, it is important you act quickly when a new listing comes on teh market, you should already have your prequailification for a mortgage in hand, look at the place without delay and if interested do not wait in making an offer. If your agent is slowing you down, you may need a new agent.

Please see my blog with tips and advice for buying bank owned homes.
1 vote Thank Flag Link Fri Jan 14, 2011
Arteaga,
Ask your Realtor if they have a program called "ListingBook", it is a nationwide program available through the local MLS. ListingBook IS the MLS, and Realtors can give their clients access. You will then be able to see if a property is pending, if it is a short sale, bank owned etc.
I know it is very frustrating for you and your Realtor. Benjamin was correct about looking on the consumer websites, they are just not accurate and allow only limited information for the buyer.
Good luck!
Sandra
http://mathewson.listingbook.com (You can see what the link looks like)
0 votes Thank Flag Link Fri Jan 14, 2011
Let me guess, you are searching websites like Trulia to find a home. The problem is the information on almost all searchable websites comes from the MLS, the Realtors' website. This means the information on the other websites is a day old and in many cases the status of the listing is not updated for weeks. The best thing to do is to find a Realtor you like and have them set up a search for you on the Realtors' website, it's FREE.
0 votes Thank Flag Link Fri Jan 14, 2011
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