Showing posts with label distressed mansions. Show all posts
Showing posts with label distressed mansions. Show all posts
A Smart Short Sale Guide for Dummies Part #1
A Short Sale is a
process during a pre-foreclosure procedure, whereby the bank will accept a
lower percentage amount of the face of the loan, as well as deduct the interest and penalties, due to the financial hardship
of the homeowner.
Finding Gems in the Luxury Real Estate Market
Market was not saturated: The luxury high end market was not oversaturated with inventory like other markets. This created a good balance between supply and demand. With many wealthy buyers entering the market from all over the world, this drives up the demand, and the price, of the most sought after addresses.
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