Foreclosures and More. What do you think about those “too good to be true” deals you find online?
I’m sure you had someone tell you, or I’m going to tell you now, “If it’s too good to be true, it probably is…”
It has been really hard to deal with some of the online games being proliferated by some of the online real estate syndication websites.
Today, we spoke about the real estate short sales and short pays where the agent have undercut Fair Market Value by a Huge Margin.
The homes and real estate listings for sale in the Santa Clarita Valley, some are not what they appear. When it comes to short sales, due to the “exclusionary” rule within the short sale listing agreements, the listing agent is able to price them lower than fair market value.
When it comes to a short sale and the concerns of the short sale seller – hiring the “right agent”, who has their (the seller’s), best interest at heart is paramount.
A short sale seller may only get one chance to short sell their home. The bank may only approve the first offer and not entertain others. This happens more often than not and has created havoc with some of the short sale games which are played by some “real estate agents” in it for themselves
How about you real estate buyers in the world? We did a posting this morning about the Grant and Rebate Programs being offered for home buyers in the Santa Clarita Valley Cities and within the San Fernando Valley.