Asked by hogles8, 28801 • Sun Feb 16, 2014
foreclosures and short sales? How long are those homeowners who paid their mortgages and kept their house in immaculate condition expected to be pulled down? If comps carry such weight, then why does anyone in their right mind buy a house, take care of it, pay the mortgage only to risk being brought down by a bad apple. It only takes one sale to turn the corner on increasing prices in a neighborhood. One Seller that stands his ground, who will not give their house away because of a foreclosure that led the flock of community sheep over the cliff. Too many Sellers are persuaded by Brokers and Buyers who want something for nothing by pointing to comps that sprung from one foreclosure or short sale. Be the one in your neighborhood that makes the change. The downward spiral started with one, the upward climb can be started by one determined Seller. By the way, I have been a Real Estate Broker since 1989 and been have sold hundreds of homes throughout my career.
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