Back to Results
Please enter a valid email address.
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.
"The Weber Team" hit the nail on the head! I don't think we will be done with foreclosures and short sales for a bit.
The shadow inventory is very real. In 2009 there were just over 1300 foreclosure actions initiated in the County Clerks office. Today, there are well over 1400 and we still have Q4 to go.Banks have become somewhat more pliable, but the FDIC guarantees, particularly with the now defunct Cooperative, Cape Fear and now Woodlands Inventory is preventing any sort of real deal making.The difficulty I see is that while there is an ample supply of willing owner/occupant buyers of foreclosures, the availability of purchase and rehab money is difficult at best. There are a couple of lenders offering203-k loans, they are cumbersome and timeconsuming to obtain.
Please enter text in the "Enter the text to display" field.
Please enter text in the "Enter URL" field.
Please enter a valid URL.
Please insert a video embed only
Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.
For Sale: $118,900
For Sale: $305,000
For Sale: $599,900