Question: My question concerns the thousands of homes out there for sale that have no foreclosure hanging over them. Is there a premium perceived in their value due to the lack of a foreclosure or has their value been degraded along with the REO properties? Would these homes be of more value due to less hassle associated with the sale?Question: My question concerns the thousands of homes out there for sale that have no foreclosure hanging over them. Is there a premium perceived in their value due to the lack of a foreclosure or has their value been degraded along with the REO properties? Would these homes be of more value due to less hassle associated with the sale?
Foreclosure glut deflates even ‘cream puff’ sales
Most Popular Articles
Latest Articles
HUD issues Fair Housing Act guidance on AI use
HUD is informing housing organizations that it is monitoring the use of AI in tenant screening processes and advertising to protected classes.
-
Agents might be more tempted to switch brokerages in 2024
-
William Raveis acquires South Carolina-based Carson Realty
-
Secondary mortgage market adjusts to higher-for-longer rates
-
Keller Williams faces another lawsuit by a former agent
-
Former eXp agent accused of sexual assault sues the firm for defamation