Long Island Real Estate Appraisers

Topic Page | Short Sales

November 3, 2011


Short Sales

Standing Still Swells Stress


There is a lot of talk about short sales these days. In fact short sales accounted for more than 40% of all sales made in the third quarter of 2011. The question is, when is it right for you to do a short sale? I am a huge proponent of constraints theory, which I won’t […]

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October 19, 2011


Foreclosures, Short Sales

A Rational Approach to Foreclosure


In order to clear inventories from their books, banks are quietly offering incentives to buyers who would be willing to relocate or simply move out of their homes to facilitate a short sale. There are sporadic reports of some people being offered as much as $20,000 to move out of their homes.  But these are […]

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The Long Haul of a Short Sale


Short sales were up on average at a full 12% of all home sales in the United States according to a new report from Realty Trac. According the report, short sales on average increased 10% from the same amount last year. In California, short sales came in at  a whopping 25% of all home sales […]

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