Property Q&A in Germantown>Question Details

Rcman, Other/Just Looking in 20874

is the high inventory in Germantown include the large number of foreclosures? "Clean" houses without foreclosures sell fast.

Asked by Rcman, 20874 Thu Nov 19, 2009

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I certainly agree that buyers prefer to buy a house that does not require wading through the months long approval process of a short sale. REO's tend to get a faster response - usually just a day or a couple of days, as opposed to several months in the case of a short sale.

Ultimately, the key though is what it always has been: does the price justify the value received? If the buyer feels that way, we've found they will make an offer, regardless of the price or condition of the house, or the delay involved.
0 votes Thank Flag Link Fri Nov 20, 2009
Include short sales to the inventory, ,. that is a big reason to the number of homes for sale.
The houses that sell fast. . are the ones the are priced well.
0 votes Thank Flag Link Fri Nov 20, 2009
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