I read a good post today on tonysrealty.wordpress.com.
During the last two months, ten two-family properties were sold in East Boston. Of these ten, three were bank owned properties. Another four were short sales. Only three of these properties were “regular sales.”
View the rest of it here…
It is evident that most East Boston sales are either bank owned properties or negotiated short sales. “Regular sales” do occur if properties are exceptional or competitively priced.
Click here to go deeper…
I saw an interesting post today on tonysrealty.wordpress.com.
Read this summary….
With recent sales at or below $400,000 for some of East Boston’s best three-family houses, we are unlikely to see many East Boston three-families selling for more than $400,000 in the immediate future.
Get the full story here.
This morning I saw a pretty good post.
Fraud can sadly sometimes come into play in a short sale transaction. In an ideal world, a seller will list a property at a “fair market price” and bring in as many buyers as possible to obtain the highest price on the property before asking a bank to accept a “short sale.” But agents and sellers sometimes discourage buyers from seeing their properties….
For the full story click here.
