Wednesday, May 25, 2011
Lake Hartwell Boating Poker Run: Meals on Wheels
Don't miss this weekend of FUN! Click the link below for registration info, etc. See you there! Poker Run June 2011- lake Hartwell
Monday, May 23, 2011
Tuesday, May 17, 2011
Short Sales & Foreclosures....not as easy as you think!
I found this link to some great info on things for buyers to expect when dealing with short sales & REO properties. Click here to get some valuable info!
LAKE HARTWELL SALES STATISTICS: TIME PERIOD 4/20/2010 - 4/20/2011
*125 total WF Lake Hartwell Homes have sold. of these: 25 were Bank Owned Foreclosures & 3 were Short Sales
*The purchase price on average was 91.1% of the asking price
*If you remove the Bank owned & Short Sales from this equation, The purchase prices were 89.8% of the asking price. The reason for this is that Bank owned properties brought 97.3% of the asking price & Short Sales brought 94.9% of the asking price. This drove up the percentages, but the prices paid have dropped property values ( reduced property values show as list prices on non-foreclosure properties in most cases).
PERCENTAGE VALUES OF SALES PRICE TO ASKING PRICE
0-100,000: 82.7%
100,000-200,000: 85.9%
200,000-300,000: 92.6%
300,000-400,000: 91.5%
400,000-500,000: 90.2%
500,000 & up: 91.3%
*ANCHOR YOUR DREAMS WITH US!*
Commitment*Service*Results
LAKE HARTWELL SALES STATISTICS: TIME PERIOD 4/20/2010 - 4/20/2011
*125 total WF Lake Hartwell Homes have sold. of these: 25 were Bank Owned Foreclosures & 3 were Short Sales
*The purchase price on average was 91.1% of the asking price
*If you remove the Bank owned & Short Sales from this equation, The purchase prices were 89.8% of the asking price. The reason for this is that Bank owned properties brought 97.3% of the asking price & Short Sales brought 94.9% of the asking price. This drove up the percentages, but the prices paid have dropped property values ( reduced property values show as list prices on non-foreclosure properties in most cases).
PERCENTAGE VALUES OF SALES PRICE TO ASKING PRICE
0-100,000: 82.7%
100,000-200,000: 85.9%
200,000-300,000: 92.6%
300,000-400,000: 91.5%
400,000-500,000: 90.2%
500,000 & up: 91.3%
*ANCHOR YOUR DREAMS WITH US!*
Commitment*Service*Results
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