Archive for Foreclosures and Distressed Properties
Now Is The Time to Buy In North Austin
For those that have been putting the idea of buying a new home off, you may want to rethink your strategy. All the current date suggests that the second half of 2010 may represent the best buying opportunity in years. While historicaly low interest rates in the 4.6 % range on a 30 year note for [...]
Pre-Forecloure Short Sale In North Austin
We have another new Pre-Foreclosure listing not yet in MLS for your Austin Home Search in the North Austin community of Round Rock. The property is located at 3101 Settlement Round Rock TX 78665. The property is with in walking distance Meadow Lake where you can enjoy fishing and other fun summer time activities. We understand [...]
North Austin Neighborhood Showing Signs Of Slowing Market
I have been actively listing and selling homes in the North Austin subdivision of Copperfield since 2003. As a result, I consider myself to be an expert in the subdivision. While reviewing the active and pending listings as of July 19, 2010 I have noticed a trend which indicates to me the market is slowing down quickly. [...]
There Are Options For Those Facing Foreclosure
For those unfortunate homeowners facing financial hardship it may seem like there are few options to avoid foreclosure, but you do have options, one of which is a Short Sale. One of the benefits of a short sale is that the homeowner can stay in the property while it is marketed and the short sale is [...]
Short Sale and Foreclosure Listings Are Hot
Earlier in the month I reported that the sales for foreclosure listings in North Austin Texas was out pacing the sales of non distress properties. A review today of the MLS for Austin Texas shows that there are currently 832 foreclosure and short sale listings. While you may have heard horror stories about short sales and foreclosure [...]
North Austin Foreclosure Listings Are Selling
A review of the MLS for the most popular North Austin areas on July 2 , 2010 showed 3614 active listings of those 4% or 139 were bank owned foreclosures offered for sale. Experience tells me that most sellers will want to dismiss these as not being fair comparisons of value. While that may be [...]
Facing Foreclosure?
If you are in financial trouble and facing foreclosure in North Austin Texas you have options. Before you let your property go to foreclosure consider the following and don’t let time run out! Remember you have options! 1. Homeowners will always need to disclose the foreclosure on any future mortgage applications 2. Credit scores will [...]
Short Sale Listing Under Contract
Our latest short sale listing at 712 North Creek in North Austin is now under contract in 50 days. While there is no guarantee that the lien holder will approve the short sale we will open negotiations with them. At this time the home owner is still in the property while we negotiate the short sale [...]
Inventory Of Foresclosed Properties Is Shrinking
My recent analysis of the inventory of homes for sale in North Austin Texas reveals that buyers have been snapping up deals on foreclosed properties. The analysis showed that of the 3031 homes available for sale in the MLS today only 3% or 85 were foreclosure listings. When the pending sales were review for the [...]
New Short Sale Listing Not Yet In MLS
We have a new short sale listing in Leander located at 712 North Creek Drive. The house was built by Main Street Homes in 2002 and is priced to sell at $99,000. It’s a well-designed mother-i-law floor plan on 1,229 square feet. The master suite has a large bathroom with separate garden tub and shower. The property is [...]
