Banks are baiting buyers. This is from my pespective, as a REALTOR who's daily working in the Tracy, CA housing market. The media is about 6 months behind. Here's what is happening.... Banks are no longer waiting 3 - 6 months for a buyer to come along and offer less than asking. Now banks are
...
05/13/2008
All you have to do is PICK UP THE PHONE, RETURN PHONE CALLS. OH my -- that's all it takes. Really it is - right now most properties in Tracy and Mountain House, CA are foreclosures. These homes are bank owned and are listed with REO agents. I can not tell you how many buyers I've picked up sim
...
05/13/2008
Here is what I've seen happen....6 months ago -- House A a Bank Owned (REO) property was priced at $400,000. It sat on the market for 6 months, and someone finally made an offer -- of $350,000. The banks quickly within 48 hours accepted the offer.TODAY! Sale house - sale value house- now inste
...
05/04/2008
Oh my goodness -- if you are looking for a home in good condition, in a good neighborhood is getting harder and harder. Agents in the Tracy and Mountain House area are now starting to put offers on ... hold on to your hats..... 'SHORT SALES". WOW -- you heard it right, and you heard it here fir
...
05/04/2008