Latest Market reports show that the Medain Sold price in Sedona is ONLY down by 10% from this time last year. That number is better news - for previously it had been down by 30 - 40%. Since 1/1 - 58% of those solds were motivated seller's keeping
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So what is a seller and buyer to do? Listen to CNN, MS NBC, Talk Radio, NAR, or your local Real Estate Agent? Well, I would say, that a good real estate agent is worth their weight in gold - for Real Estate is local. Yes, it is affected by what happens
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I am fortunate to be a member of the Sedona Luxury Real Estate Professional Associations. And ifyou remember the goodwill that came from Macy’s Santa recommending Gimbels department store to a parent wanting to purchase a toy that Macy’s didn’t
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This article was sent to me by Stewart Title of Sedona. I found it very informative for any seller in Sedona who is faced with either shorting or foreclosing on their home and the legal implications that may follow. So I hope you find it helpful- Enjoy
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THE DEFINITION OF A SHORT SALE 101 - SELLER OWES MORE THAN THE HOUSE IS WORTH AND HIRES A REALTOR TO LIST THE HOUSE AND SOLICIT AN OFFER BASED ON THE CURRENT FAIR MARKET VALUE OF THE HOME. OFFER COMES IN AND SELLER PROVIDES FINANCIAL, OR MEDICAL DOCUMENTATION
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