01-02-2011, 03:53 AM
dont short sales appeal/ work better cash buyers because of the lack of time allowed to get lender approval by the banks.
There also seems to be title insurance issues with some short sales - title companies shying away from all but the most transparent of title transfers these days making reo's a bit more speculative. ( my buddy is a player at first american)
while conventional home owner owned sales are more financing and title company friendly?
also what bearing (and percentage of current resale value) does replacement value have on establishing value?
With many owner builders coming in at about 100$ a square foot - would that not be the base line?
All I know is that 2010 dollars seem to be worth twice what 2007 dollars were - grin
Not only in real estate but other fixed assets too
There also seems to be title insurance issues with some short sales - title companies shying away from all but the most transparent of title transfers these days making reo's a bit more speculative. ( my buddy is a player at first american)
while conventional home owner owned sales are more financing and title company friendly?
also what bearing (and percentage of current resale value) does replacement value have on establishing value?
With many owner builders coming in at about 100$ a square foot - would that not be the base line?
All I know is that 2010 dollars seem to be worth twice what 2007 dollars were - grin
Not only in real estate but other fixed assets too