Vero Coastal Homes 
       Exclusively Representing Home Buyers

   Why Would You Have Your Home on the Market Now?

  It can be argued that anyone with home on the market now is a motivated seller.
  Why don't they just wait for home prices to recover and avoid losing their equity?

 Many reasons actually:                                                         

•  Death, Divorce, Job loss, Health Issues etc.               
•  Relocating and don't want to manage a rental 
•  An opportunity elsewhere - lose here, gain there

  Whatever the reason, it creates an opportunity for the informed Vero Beach 
  home buyer. Many potential home buyers do not want to deal with some of the issues
  that can arise when a home must be sold as a "Short Sale" or is a foreclosure.
 
  These issues may include, but are not limited to:

•  Lengthy response times from the lender to a purchase offer
•  Deferred maintenance because of the seller's financial situation
•   The need to make repairs, some of which can make financing difficult

   By carefully analysing the time on the market, prior sales history, comparable sales 
   and current value, these bargain homes can be found. Buyers who limit themselves 
   to just foreclosures or short sales are missing a good portion of the current market 
   of Vero Beach homes for sale.

   Too many buyers today are not realistic about the price they will pay for a home.
   Perhaps they watch too many late night TV infomercial's claiming you can buy homes
   for a few thousand dollars. The lowest price is often determined by what an investor
   will pay for potential cash flow. The recent sales increase in 3/2 homes under
   $100k has been driven by investor purchasers seeking a return on their investment.

   There is also a common misconception that lenders will do anything to avoid
   a costly foreclosure situation. The truth is that they are partially insured against
   some losses and will write off others. They have a very good idea of current value
   from their selling agents and price accordingly. Lenders are motivated to sell quickly,
   since they must stay below a predetermined ratio of good to bad debt, but are
   still targeting close to value.

   Whether a home is a distressed sale, short sale or foreclosure, an informed and
   prepared buyer will always get the best deal! Studying the market, analysing
   specific properties and pre-qualifying with your lender are critical components.