Metro Detroit Short sales
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I saw a blurb on short sales on a national morning news channel this week. What they were showing is that short sales are taking a long time. They say they are taking twice as long as they were a year ago. They showed a couple of people that took 8 months and 12 months. In the metro Detroit area most short sales are taking about six months. The issue usually is that sellers are trying to short sell their property too late. If you think you are in trouble or need to sell call a Realtor quickly. Get the home listed as soon as possible. The news channel also said 12% of all homes on the market are short sales. They also said that only 60% of the short sales get done. I honestly don't think anybody really knows that number. What I am finding out or noticing is that short sales do...
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