Having purchased a new home after we quickly sold our last home (within the past year) and watching sites like trulia, I can only conclude concerning the areas we were watching. Atlanta Metro has gotten better for sellers. The areas rural (like ours) still aren't up to par, but most homes in better school districts are selling within a month. Values here started out high last Fall but fell approximately 5 percent late summer. Values in SW Florida went up on a middle class type home about $50,000 (I watched and realized I lost my chance at the remaining auction or bancruptcy/short sales left) The other region I watch (mid to N.E Ohio) went up this spring and now probably due to weather approaching have lowered about $5,000 to $10,000.
I don't think we can make any sure statement except if the number of homes available is down, then it is more a sellers market. When new builds compete with older homes it is harder to sell comparative sq. footage homes unless you price your home lower than new builds.
I'm not a realtor, just watch the stats and discuss things with good realtors.
Don't care who you all vote for except that idiot Hillary!... more
I recommend that you call a Title Company (Ticor, First American) - Ask to speak with a Title Officer. Supply the address of the home and they will pull the lien/s and tell you how to clear it. They are very helpful .
Don't do this on your own as when you sell your home you will need it to clear title and if you don't do it right they won't insure the title anyway. They won't charge you to steer you I the right direction and they are the professionals.
Being a Broker when we encounter a lien on title or a problem we immediately contact our title officer for advice. In some cases there even security bonds that can be purchased when a lien holder disappears or you can prove payment has been satisfied.... more
I am the President of Condo Association in Cincinnati and a Real Estate Professional. 1 of our units just was purchased at auction following forclosure by the mortgage holding financial institution. We hired an attourny to file a lien against the unit for 2 years of unpaid HOA fees. Prior to sale of that condo by the bank to an end-user, all liens will need to be satisfied for the property to close. This action forces the bank to pay the amount due in accordance with the lien we filed. However, the bank may seek payment from its former owner, I would strickly advise seeking legal counsel for a full understanding of those procedures.... more