http://sworlandoblog.com/2008/11/24/fannie-and-freddie-suspend-foreclosure-sales/ Real Estate News for Dr. Phillips, Windermere, Gotha, Celebration, Winter Garden, Ocoee, Clermont, Metrowest Sat, 29 Oct 2011 14:56:49 +0000 hourly 1 http://wordpress.org/?v= http://sworlandoblog.com/2008/11/24/fannie-and-freddie-suspend-foreclosure-sales/#comment-6391 Scott Taylor, Realtor, P.A. Tue, 25 Nov 2008 20:10:45 +0000 http://sworlandoblog.com/?p=1803#comment-6391 This well help us, (as real estate agents), to sell the existing foreclosure inventory first and will benefit all sellers. Resales don't stand much of a chance to sell next to these bottom of the barrel foreclosures so this may help give them a boost. Seems like each new foreclosure is lower than the last one. It's amazing how low some of these foreclosures are priced at. Some of the REO agents are pricing so low that they get bidding wars within a few days. My advice to investors or regular home buyers is that if a home looks like a good deal, jump on it quick, they'll be more offers coming in. This well help us, (as real estate agents), to sell the existing foreclosure inventory first and will benefit all sellers. Resales don’t stand much of a chance to sell next to these bottom of the barrel foreclosures so this may help give them a boost. Seems like each new foreclosure is lower than the last one. It’s amazing how low some of these foreclosures are priced at. Some of the REO agents are pricing so low that they get bidding wars within a few days. My advice to investors or regular home buyers is that if a home looks like a good deal, jump on it quick, they’ll be more offers coming in.

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