Selling in today's market

For your sellers, the following points are key

• Home values will stay stagnant or potentially decrease.
•     Qualified borrowers are looking for deals.
•      Fewer borrowers are qualifying for home loans.
•     Rising foreclosures tend to negatively affect home values.
•     Increased days on the market (DOMs) increases the likelihood that buyers will aggressively negotiate prices down.
•                    
•     Continued stress in the financial markets will affect consumer confidence.
•      Loans may take longer to close.

    A A Appraisals are becoming more difficult to obtain.

• Properties should be funded before contract contingencies are removed             

11:05 AM - Sep. 10, 2007 - comments {0} - post comment
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