Allie Ballew, Realtor, Blog on Shadow Inventory

What is Shadow Inventory?

Shadow InventoryShadow Inventory is Homes not yet For Sale that will come to the market in the near future.

Included in shadow inventory are Houses that are already Foreclosed on and owned by banks also known as REOS, homes in the foreclosure process and includes those homes where the owner is delinquent on their mortgage by at least 90 days.    

Shadow Inventory can be found in all states and does impact your market.  Banks are holding this inventory so they can show a healthy balance sheet because dumping too many distressed properties onto the market will drag down home prices and value.

Shadow inventory will impact almost every part of the country. It can come in the form of Single Family Homes, Townhomes and Condos. Contact a local Real Estate Agent and find out how it may impact your investment and when you should consider listing your property to avoid the worst effect of shadow inventory.

Allie Ballew

Realtor

Frederick Maryland

http://www.allieballew.com/

301-676-2844

Advertisements

About Allie Ballew

Allie is an experienced full time Realtor specializing in Residential Sales. As a listing agent and buyer agent she always puts the client first making herself accessible at all times and offering the latest technology available. Having the knowledge of Foreclosures, Short Sales and Investment Properties is crucial in today’s market along with having a network of lenders, title companies, appraisers and home inspectors. Allie has sold HUD and REO properties as well. The ability to negotiate and be a leader takes experience and education which Allie has demonstrated in her past as you can see by the Testimonials given by past clients and peers. Allie recently acquired her CDPE (certified distressed property expert) designation enabling her to serve homeowners and home buyers even more effectively. Allie feels that the Short Sale market will continue to have a strong impact on our Country’s economic future and the people involved need a caring Realtor that has the ability to communicate effectively with the banks, the borrowers and the buyers and will work towards the needed goals.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s