REO/Foreclosure

“When Should we put our home on the market?”

Now or later? We get this question at this time of year more than ever. For many Sellers, it a conundrum…list during the holidays when there are fewer buyers looking or wait until the spring? The reality is that homes sell all year long. For sure there are fewer Buyers out looking in the winter months, but there is also much less competition for those Buyers. As of this writing, there are 82 homes for sale in New Albany Country Club, 16 homes for sale in Hampsted Village and 27 homes for sale in New Albany Links. Many Sellers have taken their homes off the market for the Holidays and plan to re-list in the spring.

REO = Bank Owned = New Albany Buyers Beware

What a New Albany Real Estate Deal? So you found this incredible deal on a New Albany home that is owned by a bank, that's great. But be aware that this will most likely be a very trying and difficult transaction. Good news - Bad News Good news:  the price is generally very advantageous.  Bad news:  almost everything else.  Response time from Seller’s side is like glacier...

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