All About Homes ************We Buy Houses************270-85-HOMES
48% of houses on the market are in some state of foreclosure:
46.1% of all house transactions are made of distressed properties:
Serious delinquencies and pre-foreclosure homes over shadow the number of actual foreclosure 50:1:
5 MILLION properties are in shadow inventory (bank-owned but not on the market-YET):
1.8 MILLION foreclosures expected in 2013:
Banks aren't starting foreclosure until homeowner is 365 days behind:
11 MILLION people have negative equity in their home:
16 MILLION people have less than 10% equity in their homes.
(stats originally posted by Josh Cantwell 2012)
What does this mean for you, the homeowner trying to sell your home??
Lower priced competition, longer days on the market. The market is going to be flooded with foreclosure homes and since the banks are going to want to get this flood of inventory off their books as fast as possible they will price them to move FAST.
If you are needing to sell your house and don't want to set around and wait for 12 + months for it to sell the conventional way....give us a call. We buy houses and can help you move on with your life without having to worry about taking care of the place or making those mortgage payments on a house you no longer need or want.
We have Real Solutions for your Real Estate Problem. Visit us at www.PrivateHouseSalesKY.com or call 270-854-6637 (270-85-HOMES) We can help!
