Reprinted from the Spring Hill Real Estate Buyers & Sellers Q&A Forum.
This question was recently posed by a potential buyer:
If a Spring Hill Home for Sale is in Pre-Foreclosure (Short-Sale), Can I Still Negotiate on the Price?
This is a question that has both a short and long answer. The short answer is as follows:
Absolutely – one of the wonderful things about real estate is “Absolutely Everything is Negotiable”.
And now for the long (but definitely more informative) answer…
You must first define “pre-foreclosure” and/or “short-sale” to make sure that we’re all on the same page. I wrote an article about short sales on the Hernando Luxury Homes website – make sure to take a look if you have any questions…otherwise I’ll assume we’re on the same page and move forward from there.
Next we must understand the process by which a short-sale or pre-foreclosure is sold. There are several stages or dominoes that must all fall in order for the deal to go through (this is why short sales can take up to 6 months or longer to close). Read more
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This post is out of the norm for us, we normally keep our posts limited to homes for sale in the Spring Hill, FL area, but I wanted to share a clip of Jeff Lewis (from Bravo TV’s “Flipping Out”) where he shares some great advice for those looking to sell their homes.
Click the picture to see the video!Please feel free to pass it along to anyone you know who might benefit from it.Natalie
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4 Bed, 2 Bath, 2 Car Garage with 2557 SF Living Area, 2957 Total Under Roof on .23 Acres in Spring Hill for only $169,900 – BRAND NEW from the Builder! Full Builder’s Warranty as well as 10 year Bonded Builders Structural Warranty. Seller Agrees to pay ALL closing costs with approved lender. Read more
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This question was posed recently by a prospective buyer, and my answer to the question was actually featured on Realtor.com – Take a look by clicking the following link:
http://talk.realtor.com/2008/08/13/how-does-the-home-purchase-tax-credit-impact-my-decision-to-purchase-a-home/
We’ve just recently started our Buyers & Sellers Q&A Forum over at http://SpringHillRealEstate.FeaturedBlog.com – if you have any questions about anything even remotely real estate related, please feel free to let us know! We’re planning on posting 1 question per week, but even if yours isn’t posted on the site, we’ll get back to you!
Take Care,
-Josh
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This beautiful property is now SOLD – if you’re interested in similar properties, click our Buyer Search Request link and let us know! We’ll find more for you!
Property Info
11941 Loblolly Pine Drive
New Port Richey, FL 34654
Offered at $132,900
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# Bedrooms: 2
# Bathrooms: 2
SF Living Area: 1,496
Total Square Footage: 1,926
Subdivision: Summertree
City: New Port Richey
Property Type: Maintenance Free Villa
Lot Size: .1 Acres
Year Built: 2002
Garage: 2 Car Garage
Pool: Community – Heated w/ Spa
Waterfront: No
Elementary School: Moon Lake Elementary School
Middle School: River Ridge Middle School
High School: River Ridge High School
Courtesy of: Tropic Shores Realty
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Description:
Beautiful, Professionally Decorated Maintenance-Free Villa on the 8th Hole of the Summertree Golf Course. Summertree is a 55+, Guarded & Gated Golf Community on SR-52. Home features 2 beds, 2 baths, inside laundry, 2 car screened garage, Florida room, screened lanai, open floor plan, 10′ ceilings, and perhaps most imporantly, the leisurely lifestyle you are looking for! $600/quarter fees include all exterior maintenance (grass, watering, sprinkler maint., pest control, shrubs, edging, paint (every 7 years (due this year, you pick the color!), roof, etc) as well as basic expanded cable, Clubhouse & Activities, and Trash Pickup (twice/week).
Scroll Down for Community Event Information – this is absolutely an “Active” community!
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Hi all!
Most of you probably know the deal, but for anyone just checking in here’s the scoop:
I spend a lot of time perusing the MLS for Josh’s Customers. Every now and again I come along a listing that catches my eye and I’d share it with Josh. He asked that I take that one step further and share it here on our Real Estate Blog, which I now do as my “Deal of the Day”.
I still think my last find is great, and here’s a fresh link to the customer display:
http://www.hernandomls.com/her/maildoc/a001wp2735.html
Please call Josh with any questions, of if you’d like me to keep my eyes peeled for homes that meet your needs.
Thanks a bunch,
Nat
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