I have talked to a lot of homeowners the last couple of weeks in the Dallas suburbs, and they all seem to think they cannot sell their homes right now. This is incorrect. There are a lot of homes on the market, no doubt, but 90% or more are foreclosures or short sales.
When a buyer makes an offer on a short sale or foreclosure, they sometimes have to wait 30, 60, even 90 days for a response to their offer. There are more buyers that would rather move in 30 days than wait around for a bank to tell them if they can even make the purchase work.
It is frustrating for all parties involved. Be aware that the Dallas real estate market needs more listings that are straight sales to avoid the long wait for closing. This is the time that many employees relocate, and many are coming to the Dallas area. If you want to sell you home, now is the time. Inventory is down for these homes, and if you are moving up, it could not be a better time to buy and trade in your equity for your dream home.
Ask me about our 39 Day or It's Free Guarantee, and go buy something!
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