Real Estate Sold, Short Sale, Foreclosure, Equity Owned
One of the biggest sources of confusion in the real estate market is the amount of foreclosures real estate sales. Buyers from all over the country call asking about “picking up a foreclosure”. The truth of the matter is that the Bonita Springs and Estero foreclosure market isn’t exactly as big as everyone imagines.
Banks/lenders and investors are coopering with consumers on short sales so you’ll notice that segment of the closed sales for the month of September 2011 is larger. What surprises many people is the number of our “equity sales”. Equity sales are regular real estate sales where there is no bank involvement or debt forgiveness.
To review the other real estate market reports for September 2011, read also:
All information is deem accurate, not guaranteed and subject to change. Check the date on this report for freshness. If you have questions regarding your particular neighborhood, your street or your home specifically you’re welcome to contact us for a current market report. Real estate consumers that read this website are urged to seek independent, professional legal, real estate and financial advice before engaging in any transaction. All information is deemed, accurate, subject to change and not guaranteed.