Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
A small crowd gathered near the trash and recycle bins of a pale yellow home on the corner of Whitney and Fern. Saturday at high noon is traditionally the time of reckoning for properties subject to foreclosure auctions, and the appointed hour grew near. The group that was forming was an eclectic bunch. Investors walked with purpose as they evaluated the outside of the property, measuring the opportunity. They paced back and forth on the
Below is something that I came across in the garage of a bank owned home. For those who can’t quite make out what the picture shows, it’s a wooden bear statue with an ax embedded in its head. The bear is a small version of the sorts of bears that are made by chainsaw, while the ax appears to be rather standard in size & design and well used. Is the ax original to the
Warning: What follows is a long, dry, stat-heavy summary without much original commentary or insight. It’s here because putting this together helped me think through the subject better. Proceed at your own risk. Hopefully at least one other person will find it interesting… I came across an article a while back that I’m still trying to wrap my head around. It’s a wide-ranging piece on the Bloomberg site called Private Equity Has Too Much Money
The Courant had an interesting article this morning about a family in Farmington that recently tried to sell their home as a short sale. They had an offer on their home and waited for 3 months for their bank to respond to the offer and authorize the short sale. The bank did not respond. The buyer eventually got tired of waiting and walked away. The house is currently in the process of being foreclosed upon.