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HomeSmart Fine Homes and Land
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- 5 Answers
- 1 First Answer
- 1 Useful Answer
Karyl and Ruben are both Associate Brokers with over 55+ Years Real Estate experience between them. They have each lived and worked in the Prescott area for over 14 years. They are experienced with all forms of residential real estate, including 'short sales' and foreclosures. Put their experience to work for you!
Ruben Guzman
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Ruben Guzman
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Ruben Guzman & Karyl Moore answered:
If you HAVE to sell, 'short sales' are becoming more and more common. What that means is, the lenders will accept less than the amount owed. It used to be that if you had a second mortgage, you couldn't do a short sale but these days you are able to do so (at least in our area). This does affect your credit rating but it's not as bad as a foreclosure. Look for a local agent who is experienced with short sales because it can be complicated as far as paperwork, etc.
If you don't HAVE to sell, sit tight and try not to worry. Real estate always comes back, especially in California. - Sat Nov 1 2008, 15:01
Ruben Guzman & Karyl Moore answered:
In this tough market, price is the main consideration. You're competing with foreclosures, short sales and builders who are willing to lower their prices substantially. If your husband's employer is paying some of your closing costs, that can allow you to lower your price and still make the profit you would have made otherwise. Scott has a good point about checking that the co-broke commission (what is paid to the Selling Broker) is comparable to what other agents are offering. Sad to say, but there are some agents who will not show a house that is offering a lower co-broke than most others are offering. If the relo company is accepting a lower than average commission, they may be offering a lower than average co-broke. - Wed Sep 3 2008, 10:09
Ruben Guzman & Karyl Moore answered:
Our Broker compiles great statistics on the Prescott tri-city area and updates them each month. You can see stats by month and by year. Go to
http://www.PrescottStats.com. - Fri May 23 2008, 12:52
Ruben Guzman & Karyl Moore answered:
Batterman's Auctions and Windermere Real Estate just joined forces and had our first auction in April. We have another coming up in May. There'a web site (see below) with much information and I'd be glad to help you. - Wed Apr 30 2008, 09:16
Ruben Guzman & Karyl Moore answered:
It's up to the agent's broker, not the agent. So call the company's broker and explain to him whyyou're not happy. A good broker doesn't want an unhappy client, so he should try his best to make you happy. He may let your listing go or he may try to have another agent in the same company help you. - Wed Apr 30 2008, 09:06
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