With inventory of non-distressed San Diego real estate incredibly low, the by owner seller with enough equity to close escrow without a lien holder’s approval of a short sale, has a unique advantage in the present market.
The frustration among agents and buyers looking for property that can close escrow in 30-60 days is at an all time high. Short sales that actually close, rarely do so in less than 4 months, and many buyers are left hanging for longer only to lose the property to a higher bidder, or see the short sale fall apart.
The foreclosure inventory is low, as banks have not been releasing their REO (real estate owned) properties at the same frequency as they did 12 months ago. This leaves the FSBO seller a fabulous window to sell without the listing agent and save a few precious dollars of their dwindling equity.
Thinking of selling by owner in San Diego County? Now is the time. Take advantage of our open listing option and list your property for sale on the San Diego MLS for $250, with no commission due the listing agent.
For details, call Bob at 858-382-5820.