1 May, 2009 (05:30) | Foreclosures and Short Sales, Info for Buyers, Info for Sellers, Market Stats, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty
Ok so I’ve already discussed the surge of multiple offers this year… in fact I just talked about it two weeks ago. In just the last two weeks I’ve seen even more examples of multiple offers and they are now becoming the rule on properties priced well. In just the last 2 days I’ve had [...]
Tags: buyer demand, multiple offers
Comments: 3
15 April, 2009 (10:37) | Foreclosures and Short Sales, Info for Buyers, Info for Sellers, Market Stats, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty
When I became a Realtor in December of 2002, the housing market was already on its long march up to levels that no one thought possible. By 2005 we had hit the peak of the market but 2006 was still extremely strong too.
One of the things that’s been largely missing since 2005/2006 is the situation [...]
Tags: Foreclosures and Short Sales, Market Stats, multiple offers
Comments: 3
16 December, 2008 (04:01) | Foreclosures and Short Sales, Info for Buyers | By: Aaron Dickinson - Edina Realty
Here is a list of questions to help you figure out if exploring this home-buying avenue is right for you.
1. When do I need to move?
The timeline for foreclosure/lender mediated properties can be unpredictable response times to an offer in short sale or bank owned can vary. You must have flexibility in your closing date [...]
Tags: foreclosures, multiple offers, offers, reo, short sales
Comments: 3
9 April, 2008 (05:31) | Foreclosures and Short Sales, General, Info for Buyers, Opinion, Personal Experiences | By: Aaron Dickinson - Edina Realty
This is a story about a buyer who was too greedy for his own good, and how his underestimating of the situation left him with terrible regret when he lost out on the offer for his “dream home.”
About a month ago this buyer went looking at new construction in a outer suburb of the Twin [...]
Tags: bank owned, buyer's remorse, foreclosure, multiple offers, reo
Comments: 4
11 February, 2008 (20:03) | Community Issues, Info for Buyers, Market Stats, Opinion | By: Aaron Dickinson - Edina Realty
Sounds kinda funny but many of the foreclosures & short sales I’ve been showing lately are receiving multiple offers… and are doing so at a much higher rate than the rest of the listings on the market! In some cases the homes sell for at or above asking price, though most still sell for less [...]
Tags: bank owned, multiple offers, reo, short sale
Comments: -