Today is my first entry into the world of blogging. Hopefully I will be able to give real world experiences and advice to the public.
I was just speaking with one of my agents about listing a home where the owner is behind 2 months on payments and also owns a home in another state that he is also behind on payments. Of course, the Seller wants to get equity out of the home here in Georgia. Our goal is to list the home at a fair price but below what is on the market in the area in order to create traffic and interest in the property.
We should be able to market the home with this strategy and get it sold within the next 43 days. I will keep you posted on the progress.
Wednesday, October 3, 2007
First Blog
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5 comments:
Do you think the house will be foreclosed before it sells?
Will the company holding the mortgage for the house have to approve of a sale before you can close it?
Based on our vast experience in listing and selling homes in the area, I feel as though we will be able to effectively market the home with our powerful marketing package.
We should be able to get the home sold before foreclosure. Check back for updates on this case.
No, not at this time. Should the mortgage company notify the Seller of the plans to definitely foreclose, then the Seller may have to get approval.
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