Jan 2012 Redding Ca Real Estate Market Update
Posted by Rick Goates on Tue, Jan 10, 2012 @ 07:18 PM
Redding Ca News-Redding Ca Real Estate,Homeowners may have relief!
The market remains strong for well priced REO's. The under $150k market for financable homes has heated up with multiple offers on many properties that hit the market with a sharp price!
Regardless of what you hear the truth is if it's an REO And it is priced sharp out of the gate the odds are there will be multiple offers! Forget what one's cousins uncles friend says about the "Buyers" market....it simply is NOT the case in the lower price ranges for the best conditioned properties priced RIGHT.
How to get that REO that comes up at a sharp price you ask? Make your offer a GREAT one! Don't risk if there are multiple offers right behind yours! Unless of course you can take the home or leave it....if that's the case then why not wait for one you love?
The #1 way to loose your dream REO home? Make a low ball offer....then they get another higher offer....or two....and the Asset Manager doesn't feel like countering that day....and she takes the highest one (the full price one) and calls it a Day!......and you cry and whine.....and are upset and disappointed.....we would of come up you say.......would of....should of....could of.....Make it Count the first time if you love it!!! You might not get a second opportunity!
Good luck out there....it's getting competitive.....
Regards,
Richard
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