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The Impact of Foreclosures on House Prices. Home values are again beginning to fall. What has caused this renewed downward pressure on prices? It can be directly tied to the number of distressed properties in the region which have shredded values in some marketplaces. Foreclosures and short sales impact prices in two major ways. They are discounted competition to the house next door. Foreclosures, on average, sell for a 41 discount and short sales sell for a 19 discount. A L Wagner Appraisal Group, Inc.PARSED CONTENT
The site had the following in the homepage, "The Impact of Foreclosures on House Prices." I noticed that the web site stated " Home values are again beginning to fall." They also stated " What has caused this renewed downward pressure on prices? It can be directly tied to the number of distressed properties in the region which have shredded values in some marketplaces. Foreclosures and short sales impact prices in two major ways. They are discounted competition to the house next door. Foreclosures, on average, sell for a 41 discount and short sales sell for a 19 discount. A L Wagner Appraisal Group, Inc."ANALYZE MORE BUSINESSES
What can Bill do for you? With decades of experience helping homeowners, Bill has much to offer his clients. Contact Bill today at 513-335-6212 to see how he can help you with your real estate needs. Bill Burress works for real esta.
You may owe federal income taxes on a short sale or foreclosure that occures AFTER 2012. The government is still giving homeowners until the end of 2012 to go through a short sale or foreclosure without tax consequences as long as their lender officially releases them from the debt. Short Sale, Foreclosure, B.
Frank Wible, Short Sale Agent. Friday, March 4, 2011. Monday, February 28, 2011. track and field season is upon us and I have so much to do.
Free Realtor Short Sale and Foreclosure Workshop. Thank you for visiting, are you here on business or pleasure? Understanding Short Sales and Loan Modifications. Windermere Real Estate Joins the RealtyTrac Network. On September 7, 2010.
Up-to-Date Information for Sonoma County Homeowners. Anatomy of a Bad Month and a Lost Property. What It Means to Be Upside Down on a Mortgage.