What is your home worth? Where is all my home equity? Should I stay or should I go? Yes, we all have these unanswered questions that most of us has on our mind. We are seeing our declining market accelerating and what I means by declining a home of $500,000 to $600,000 selling at $250,000. How this happens and happens so fast in such a little time? All these homes that the bank are getting back have been turn to asset management that will manage the sale of these home. There is not enough of this asset management for too many properties. These asset management have no much experience is real estate sale, all they do is to hire real estate agent, title company, property management for repair and cleaning, a locksmith. All offers coming from agent will come to the asset management that will then be sent to the lenders or investors. A lot of money could be save and a higher quality of these transactions could be done if these lenders and investors will go directly to a Real Estate Brokers and let’s them manage the transaction
Originally posted here: What foreclosure homes have to do with our declining market?
