Selling Your Home In a Market Full of Foreclosures
July 2, 2008
Take a look in just about any neighborhood and you may find the sign of distressed times. Foreclosures are on the rise and that can cause a lot of panic for sellers who aren’t in the same financial crisis.
“We’re in a very price-sensitive market and obviously in any buyers’ market that’s the case,” says Chris Heller, President of The Heller Real Estate Group, Inc. at Keller Williams.
The increase of awareness about foreclosures is stimulating buyers to keep fishing and pushing for even lower prices for homes.
“So the sellers who are not in foreclosure or who are not in distress have to compete with those properties with the same pool of buyers. So there are two things that they can do; the two things are: pricing the property READ MORE
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