***************************
In this market, there are only two types of home sales: bank-owned properties and short sales. Traditional seller/buyer sales are few and far between.
We're 99% involved in bank-owned properties but from time to time I'll take a short sale listing. The challenge with short sales is they take a long time to get approved, however, the lenders are getting better and faster.
The Oliveri's purchased my short-sale listing on Corte San Luis in Temecula for an incredible price - $236,000! That's about $50,000 below the current comparables.
So I'll pat myself on the back a little bit for doing a good job negotiating the price with the lender:)
***********************
