1,395,083
Still very common in NJ. About 25% of our inventory are short sales right now.
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Roy Kelley
Gaithersburg, MD
274,109
2,538,789
Good morning Jacquelene. I do mortgages on many properties that are purchased by my clients, had two closing yesterday. Unfortunately they are still a challenge to do.
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Roy Kelley
Gaithersburg, MD
3,764,341
I've never done a short sale or foreclosure. We went through the rough times in DC with a foreclosure moratorium in place.
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Roy Kelley
Gaithersburg, MD
682,640
for years it was the norm out here in AZ, now with the market going up so quickly they are rare.
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Roy Kelley
Gaithersburg, MD
1,713,581
3,988,144
About 10% now. There was a time that it was 30-40% of my business.
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Roy Kelley
Gaithersburg, MD
2,234,865
It use to be an everyday occurence, but now distressed sales make up about 10% of what I do.
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Roy Kelley
Gaithersburg, MD
1,153,799
Florida's distressed properties have receded although we're still double the National average so I expect to continue seeing their presence for a while. I'm not in the habit of helping lenders which don't attempt to help themselves. I don't have the time for them.
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Roy Kelley
Gaithersburg, MD
443,270
These days, short sales and reo's are the exception not the norm.
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Roy Kelley
Gaithersburg, MD
864,758
In my area is is a rarity. Only about 5% - 10% of listings are in those categories.
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Roy Kelley
Gaithersburg, MD
793,836
6,737,967
8,205,016
I have sold hundreds of foreclosures but have referred short sale transactions to associates with more patience.