Big Bear Skinny Blog

The Big Bear market info minus the fat

Posts Tagged foreclosure


5 Options for Big Bear Sellers

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By on January 28th, 2011
Categories: Big Bear Market Conditions, Big Bear Real Estate News, Big Bear Sellers, Real Estate Video
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Link to embedded video here. Seems like I go over this several times a week with potential sellers.  What are their options in this real estate market? Here are my answers – 1.  Sell it – easier said than done. This can be difficult to do if they bought it or refinanced it during the [...]

Best Doesn’t Mean Highest – The Truth Behind Multiple Offers

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By on April 20th, 2010
Categories: Big Bear Buyers, Big Bear Real Estate News
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Bank owned listings are accounting for almost 50% of the sales in the Big Bear area.  Multiple offers are becoming the norm on these aggressively priced properties and the buyers are having to learn a new strategy of making offers and counter offers.  Gone are the days of endless counter offers back and forth between [...]

More Evidence Of The Bank-Owned, REO Mentality

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By on December 19th, 2008
Categories: Big Bear Foreclosures, Big Bear Market Conditions, Big Bear Real Estate News
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Home buyers today are of the “Bank-Owned/REO Mentality.”  They want to buy something with that kind of price tag, regardless of who owns it. I came across an article from CNNMoney that really hits home on what is going on in the current housing market.  If you want to sell a home in this market, [...]

Short Sales, Foreclosures, & Bank Owned / REO Properties – What's The Difference?

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By on October 23rd, 2008
Categories: Big Bear Real Estate News, Real Estate Video
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I received a question last week on Trulia.com asking about the difference between a bank owned property and a foreclosure.  These terms can be confusing to those who are not in the business, and even for some of us in the business. Here’s a short video explanation of the differences between bank owned properties, foreclosures, [...]

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