Wednesday, February 17, 2010

Shadow Inventory #2: 2/2010 - Roseville and Rocklin #foreclosure #reo

Knowing what is coming on the foreclosure market is vital in today's real estate market. It is important for sellers to know what the future competition holds. 

 

If you know there are five homes on your street that are in pre-foreclosure (green circles), then waiting a few months might be a bad idea. I find it difficult to sell a home when there are aggressively priced repos in the immediate area. The reverse is the same for buyers. If you know there are twice as many homes that meet your criteria in some form of foreclosure than on the market, then maybe you should hold off for what you really want. Personally we keep an eye on the foreclosure market for both our buyers and sellers.

Now we have added a foreclosure search to our website. http://rosevilleandrocklin.com/foreclosureradar.html and click on Foreclosure Radar. It is a site we subscribe to and find invaluable. This free search is not as in depth, but it gives you a general feel of a certain area. Please feel free to play around and ask any questions.

It does not give you actual addresses, but we can find that out easily for you. Just click on the details link to the right and we will get back to you ASAP. If you are working with another agent please contact your agent. We are always here to help our clients.

To see details, in reference to the "Call Kurtis" story, click here ... Channel 13

Thanks for your referrals, business and comments.

Steve Ostrom

Real Estate in Roseville and Rocklin

Posted via web from Living, Love and Real Estate: Roseville and Rocklin ~ RosevilleAndRocklin.com