I am Caitlin Phillips with Prudential Real Estate Services and Prudential Certified Relocation Specialist, Realtor and Friend. In my large experience of negotiating contracts between buyer, realtor, and relo, we have become the experts in your exact situation.
The fall of the Lincoln School disctrict due to the Foreclosure Crisis is what I would call an actual state of emergency. The values in the Lincoln School Disctrict have fallen considerably. In approximately July 2006 the values were what is called in gambling a push. Even Steven. The steep decline began in early 2007 when a large percentage of the builder loans in that area increased interest rates dramatically per the mortgage contracts. (ARMs) Adjustable Rate Mortgage. Adjusted. Also, many people in that area with it being so new... over financed to install play structures, boats, decks. Etc. OK? Topped with the density of the community, we have Foreclosures. 48197 and 48198 contributed to a massive percentage of the foreclosures in Washtenaw County.
We as Relocation Specialists, have also seen a drastic change in the way that your corporation handles your Relocation Benefits. It really depends on your unique situation, your corporations Relocations Policy, as well as the Market information Provided to them, your market value will be determined by your Real Estate professional as well as an appraisal ordered from the Corporation whether it be the bank or your company. and then you will need to sit down and create a very well thought out pathway which is what we call an "exit strategy". This will need to include a VERY aggresive Marketing Plan.
I have been handling corporate transfers for many years, and would happy to have you request that I am allowed to visit with you, and provide an area Market Analysis and further discussion your personal questions.
I also have alot of information available to you that I do not post online about selling your home upside down, and holding on to your Relocation benefits, and then getting your home sold.
This information is provided pro bono to you in hopes of building a relationship, and then moving forward to handling the Marketing of your home. We at Prudential carry the most exposure potential possible and our office is simply wonderful to work with.
So Call Anytime, and visit my Blog both here on Trulia, and a more personal look at my BLOG http://www.AnnArborsRealMarketChat.com
I am available to come out early Sunday morning this week or one evening that works for your family next week.
I am easy to reach at 734-395-4990. You will need to request me to your RELO Counselor, ( they will appreciate the Prudential Rep)
I think my bio might be on my personal Web Site under the Presentation in the Sellers section titled " For Sellers"
I hope this information helps!