Hula and The Real Estate Market Today

July 27th, 2009 9:38 PM

We have buyers, qualified buyers ready to close in 30 days with no contingencies all we need is the Property. Everyone is trying to find a home to purchase and there are so few to choose from. And.....we all know that for some reason Banks aren't letting the foreclosures come to Market???? And it's holding the whole process up.

Buyer's are getting discouraged and walking away, and you know that's not good for the economy. Realtors are also getting discouraged because we can't find a property for our clients. Short Sales are all that's available and NO ONE wants to wait 3-6mo after making an offer on that property. Who wants to buy and then maybe not receive?

We need a better system, if Short Sales were really short they would all be sold right NOW but they insist on tormenting everyone involved. If banks would release the foreclosures they would all be sold right NOW. So who exactly is to blame for all this hold up in the system? Well I have my opinions but I'll keep them to myself, because a solution to the problem is a far better avenue to work towards.

Bankers if your out there and you have properties.....Let them Go, you just might clear your desk and get the economy moving again.

Now's a good time,

Dee


Posted by Dee Fether on July 27th, 2009 9:38 PM

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