Buyers...interest rates for all conforming loans are at incredible lows. Contact your favorite direct lender to get approved. Also, prices on homes are back to pre-2000 levels. It is a great time to buy.
Buyer Tip: if the typical rent would pay your mortgage on a potential purchase...ITS A GOOD DEAL!
The Realty Plus Reo Team has closed approximately 10 bank repos per month since early 2008, with 11 presently pending sale, 10 on the market and 10 awaiting market entry. Note: most of the properties that we list for the banks receive multiple offers.
Realty Plus has successfully closed several short sales in 2009. If you are a consumer that wishes to relinquish real estate debt and you feel a short sale is the right thing for your particular situation...Please contact us. We have an experienced team with closed short sales as proof.
Note: the market is presently at equilibrium...for every home listed, one is getting sold. The government & banks have made steps to slow down the number of foreclosures entering the market. It is a supply and demand situation where the supply is low right now.
