First some insurance companies will not insure a vacant home. You need to check their guidelines. In most cases you will need to go into what they call surplus lines for insurance which can be quite costly. Check with your agent and ask him questions such as in this scenario an=m i covered. Consider a house sitter where your house wont be vacant.... more
Forest Lakes was developed with TIF funds. .Who is paying interest ?? or whatever on the money borrowed since the development is on hold.? There is barricade across the driveway at the east end of the housing development
Mike, I realize it has been awhile since you've posted this question, but if you want to keep up on what's going on in Caseyville, visit my website www.ServingTheMetroEast.com and click on the Market Insider tab. Pop in the zip code of any area, and you will be sent a report immediately plus every month afterwards. Is there anything else I can help you with?
Hi Stephanie, I think you and your Realtor are doing just about anything that is possible to be done as far as I can tell from your description. Your Realtor possibly has posted your listing on various websites, possibly is also sending out flyers to area Realtors and does reverse prospecting on your behalf and you are not telling anything about Sunday open houses or Broker open houses for Brokers/Agents to tour your home, but then I do not know your area, your Realtor will know better whether Agents actually tour in your area or not.
I know of some areas in my area of expertise where Agents tour all the time, every week and then other suburbs where they do not.... So your Realtor will have to make that judgment call.
All I can say at this time is that this is just a very difficult market for sellers, lots of competing homes, not enough buyers either even wanting to buy, or cannot get a loan, or are afraid to lose their jobs, and they have a lot of properties to select. Your Realtor possibly can tell you how many properties have sold recently and how many are offered on the market in your area and surrounding areas in your size and price of property, and that can tell you a little bit how much inventory is on the market and how long it could possibly take for properties to sell within the next months.....
If your property is only 2 weeks on the market, just imagine that some other sellers have had their property on the market for 8 months, some for more than a year and more these days. I am not saying yours will stay that long, but let your Realtor explain to you how many months of inventory is in your town and the surrounding area, as buyers look here and there.
I wish you good luck and give it some time, I know it is difficult to be patient, but in this market we all need more patience than a few years back.
Take care and Good Luck to you.
Additional incentives to the agent who brings the buyer are helpful, but at the end it will be the buyer who will decide which home to buy, and Realtors should show all properties to their buyers without influence of add. incentives to them! Discuss this with your Realtor, may be assisting the buyer with closing costs may help,
and the 8000 $ tax incentive for first time home buyers should help .....
Edith YourRealtor4Life! Working always in the very BEST interest of her clients!
If you ever meet anyone moving to the city of Chicago or to any of the Northern or Northwestern subs
& the Northshore, send them my way!