Tag: fire sales

Understanding Fire Sales in Residential Real Estate

Posted on March 20, 2024March 20, 2024 by brkseven

Understanding Fire Sales in Residential Real Estate When it comes to the world of residential real estate, the term “fire sale” refers to a situation where a property is sold….

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I buy homes, @ full ask on LO/OF terms ListingAgents: Get an offer @ full ask BuyerAgents paid @ closing Real Estate & NATO vet. I love Antiques I X opinions.

Marco of Proxima Investors @proximainvest ·

25 Jul

#RealEstate has lots of ups and downs, highs and lows, especially #ResidentialRealEstate and the #HousingMarket. It's a reason why the commission based model of #realestatebrokerages works paired with lots of part-timers who can come in and go out easily.
Just like in these

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Marco of Proxima Investors @proximainvest ·

25 Jul

In the #MidAtlantic region, #homesellers are facing challenges as nearly 14% of June contracts fell through due to issues with #buyerfinancing. According to Bright MLS, the lack of #affordablehomes is the primary reason buyers are pausing their #homesearch. #HighMortgageRates,

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Marco of Proxima Investors @proximainvest ·

25 Jul

#DAYSONMARKET (#DOM)

According to a #Redfin report, nearly 65% of #homeslisted in June had been on the market for 30 days or more, a significant increase from the previous year. The main factors contributing to this trend are #highborrowingcosts and #stubbornhomesellers who are

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Marco of Proxima Investors @proximainvest ·

24 Jul

Most #RealEstateAttorneys are generalists, not specialists. As such, they are not the right fit for my favorite #acquisitions and #dispositions strategies.

They can easily kill a great deal, while #DealsOnTerms and #CreativeFinancing specialists can be gold for the parties and

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