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Saturday, November 15, 2008

Short Sale Again?!?!

I expected it to be a few months until 7301 came back on the market as a REO. Apparently the owners did something to stave off foreclosure and the house is back on the market as a short sale again!

This time 7301 Pimmit Ct. is under the MLS of FX6888001 with Homeequity Realty LLC.

Re/Max is gone and the plot thickens as Homeequity Realty LLC doesn't even seem to have a website to reference.

On the upside I did find a new and useful website to play with called FranklyMLS where you can see all the houses sold with Homeequity Realty as the listing agent. The search functionality at FranklyMLS works for any agent be it listing agent or buyers agent. When going over the notes it seems like they have a decent amount of experience selling short sale homes so this might be a very good move for the buyer.

The most impressive thing to note is that they lowered the price to $300,000 which seems competitively priced for the area.

When you head over to FranklyMLS be sure to check out his blog FranklyRealty.com and his FranklyRealty YouTube Page he definitely has some cool stuff on both and has his finger on the pulse of the market.

As the stock market seems to be in freefall I may throw in some information about stocks as I will likely be doing more research on that to make sure my own assets are in proper order.