With so many short sale and foreclosures dominating the housing market it’s definitely a buyer’s market. One of the misconception with short sales is how much closing help they can try to ask for. At one point and time 6% was the normal without a doubt but today 6% is history especially with banks. In today’s real estate market how a contract comes over to the listing agents shows the listing agent several things one is either how much knowledge the buyer’s agent has or if upon the request of the buyer how out of the loop they are if they have been educated by their agent.
Things have surely change and are changing every month so to hear someone say “when I bought my home” which was probably before 2008 is usually totally out of the loop because those rules from then don’t ap...Read More