The Riverside real estate market has been extremely volatile in the past few years, from foreclosures, short sales and standard sales as well. But Riverside real estate transactions are still happening in spite of the market crash and tough market conditions.
While it is true that many unfortunate Riverside homeowners are losing their properties to foreclosure, foreclosing banks and lenders are not in any hurry to list their Riverside foreclosed assets for sale. Banks have slowed the resale of their Riverside foreclosures to a trickle to keep the real estate marketplace competitive for buyers and to not flood the supply. It is a great time to buy Riverside real estate if you have the resources to do so, but there are many buyers and investors buying foreclosures. These conditions makes it hard to secure a purchase, despite popular opinion.
Riverside short sales have also become more prevalent, helping distressed Riverside homeowners relieve their financial hardship of the burdening mortgage, but short sale negotiations can be complicated and difficult. Many Riverside short sales fail to sell not because of a lack of willing and able buyers for the properties, but either the short sale agents handling the listings are not experienced or tenacious enough. If you’re looking for a Riverside short sale agent to handle the negotiations and listing of your house make sure you’re diligent about finding an effective professional to help you through the process.
Riverside standard sales also are a percentage of the Riverside real estate marketplace, but as with most standard sellers in this tough market, they either must sell at a higher price to cover the cost of sale and pay off any mortgages, or their Riverside real estate agents do not understand the Riverside real estate climate to effectively market and sell the property. Many sellers and their agents forget that they must adhere most of the conditions of the market to sell their Riverside property.
If you are interested in buying or selling your Riverside House, Riverside home or Riverside property, you need an agent that is a tough negotiator, understands this challenging Riverside real estate market and works in the trenches of foreclosures, short sales and standard sales every day.
We list and sell foreclosures, short sales and standard sales everyday, and we can put our experience to work for you too. Call us now to discuss your real estate needs at 1 (888) 9 LIST-IT, or visit our Riverside Real Estate Website at http://8889LISTIT.com.