Answers (2)
- buy797445
- Contributions:3
We had a buyer looking for a home off Estrella back in July who might have been interested in your home. Looking at the values for that area now we see that the values have dropped a little. I would estimate that your place might be worth somewhere in the mid $600s now. The time on market has grown to 10.5 months even when it is represented by a Realtor, and the pool of buyers has dwindled to the point that one must become a little flexable and creative to get homes sold. We buy homes by putting a partner in the property for a period of time - usually 1 year - and then refinance the property to cash everyone out. So you would get paid your equity (whatever that is) when the property was refinanced in one year.
- Michele Johnson, "MicheleAJohnson"
- Contributions:19
What does waiting for my equity mean and what is the timetable?
Sale of your home.
Shawn
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