Showing posts with label Buying a home in Pensacola Florida. Show all posts
Showing posts with label Buying a home in Pensacola Florida. Show all posts

Wednesday, March 16, 2011

Cordova Park Homes For Sale in Pensacola, Florida

Cordova Park Homes For Sale in Pensacola, Florida

This is a current list of available Cordova Park properties listed for sale in the Pensacola MLS as of 3/16/2011.  You may also browse PensacolaMLS listings, including Foreclosures and Short Sales, on my website.  To have customized daily alerts of new Cordova Park homes listed for sale sent to your email, click here or call me at 850-449-0908.


Click Here to go view all listings at once.


397772 - Details: 4555 12TH AVE, PENSACOLA, FL - $75,500
401117 - Details: 3720 BONNER RD, PENSACOLA, FL - $115,900
403420 - Details: 761 NAGEL DR, PENSACOLA, FL - $124,900
403490 - Details: 2080 SEMUR RD, PENSACOLA, FL - $124,900
401985 - Details: 2001 MORNINGSIDE DR, PENSACOLA, FL - $124,900
394020 - Details: 3543 BAYOU BLVD, PENSACOLA, FL - $129,900
391885 - Details: 3345 BAYOU BLVD, PENSACOLA, FL - $139,000
394174 - Details: 3575 BAYOU BLVD, PENSACOLA, FL - $139,000
395769 - Details: 691 NAGEL DR, PENSACOLA, FL - $139,900
390178 - Details: 2840 NAGEL DR, PENSACOLA, FL - $139,900
393590 - Details: 2260 DUPONT DR, PENSACOLA, FL - $139,900
400180 - Details: 1861 PEYTON DR, PENSACOLA, FL - $139,900
403272 - Details: 4405 MCCLELLAN DR, PENSACOLA, FL - $144,900
403209 - Details: 1700 BAYOU BLVD, PENSACOLA, FL - $144,900
398977 - Details: 3700 BAYOU BLVD, PENSACOLA, FL - $149,000
383815 - Details: 3530 DUNFRIES RD, PENSACOLA, FL - $159,000
403236 - Details: 600 CONNELL DR, PENSACOLA, FL - $179,900
403193 - Details: 3525 HOPESTILL RD, PENSACOLA, FL - $188,000
397171 - Details: 753 WOODBINE DR, PENSACOLA, FL - $189,900
404196 - Details: 2211 DUPONT DR, PENSACOLA, FL - $189,900
281837 - Details: 4121 AIKEN RD, PENSACOLA, FL - $199,900
388470 - Details: 4221 PIEDMONT, PENSACOLA, FL - $215,000
401440 - Details: 821 WOODBINE RD, PENSACOLA, FL - $215,000
395306 - Details: 3523 FIRESTONE BLVD, PENSACOLA, FL - $216,900
395544 - Details: 3900 MCCLELLAN RD, PENSACOLA, FL - $230,000
396142 - Details: 3531 DUNWOODY DR, PENSACOLA, FL - $234,000
346497 - Details: 2006 COPLEY DR, PENSACOLA, FL - $235,000
400063 - Details: 3762 GERHARDT DR, PENSACOLA, FL - $239,000
400068 - Details: 2115 HALLMARK DR, PENSACOLA, FL - $245,900
398651 - Details: 2406 TRONJO TER, PENSACOLA, FL - $298,888
387823 - Details: 3528 DUNFRIES RD, PENSACOLA, FL - $299,900
405298 - Details: 3960 MCCLELLAN DR, PENSACOLA, FL - $324,900
373503 - Details: 2390 HALLMARK DR, PENSACOLA, FL - $355,000
402397 - Details: 1147 ELLISON DR, PENSACOLA, FL - $397,900

Or Click Here to go view all listings at once.

If your email program doesn't support an HTML url, then copy and paste the following
address to your browser's address box. Make sure you copy and paste the
entire link; it may appear on multiple lines.

http://parmls.com/PcolaReports/ListitLib/show_report.aspx?ID=2612329746


REALTORS: REAL-Service REAL-Expertise.
You can also visit http://www.HouseHunterBargains.com to perform your own property search.

 

To view previously posted daily Foreclosure & Short Sale lists, please click here.

 

Pensacola MLS Home Search Daily Email Alert Pensacola MLS Foreclosure & Short Sale Homes For Sale  Pensacola MLS Green & Energy Efficient Homes For Sale Pensacola Realtor Free Buyer's Agent Services

 

 

          Paradise Home Realty-PensacolaMLS,Pensacola MLS,Pensacola  Property,Pensacola Realty,Pensacola Realtor,Naval Air Station  Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties        Follow me on Twitter-Paradise Home Realty-PensacolaMLS,Pensacola  MLS,Pensacola Property,Pensacola Realty,Pensacola Realtor,Naval Air  Station Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties

 

Trish Sarfert, Broker, GRI

Paradise Home Realty, LLC 

850-449-0908 cell 

BrokerTrish@gmail.com

http://www.HouseHunterBargains.com

 

Saturday, March 12, 2011

Downtown & Bayfront Area Homes For Sale in Pensacola, Florida

Downtown & Bayfront Area Homes For Sale in Pensacola, Florida

This list is current as of 3/11/2011.  You may also browse PensacolaMLS listings, including Foreclosures and Short Sales, on my website.  To have customized daily alerts of new listings sent to your email, click here or call me at 850-449-0908.

 

Click Here to go view all listings at once.


395208 - Details: 416 N ALCANIZ ST, #1, PENSACOLA, FL - $25,000
362720 - Details: 224 E GARDEN ST, #244, PENSACOLA, FL - $46,500
400812 - Details: 224 GARDEN ST, #110, PENSACOLA, FL - $49,950
399932 - Details: 224 GARDEN ST, #149, PENSACOLA, FL - $59,000
398115 - Details: 224 E GARDEN ST, #333, PENSACOLA, FL - $59,500
400813 - Details: 224 GARDEN ST, #133, PENSACOLA, FL - $59,900
396738 - Details: 701 N GUILLEMARD ST, PENSACOLA, FL - $74,900
384859 - Details: 224 GARDEN ST, #455, PENSACOLA, FL - $95,000
396795 - Details: 311 N DAVIS ST N, PENSACOLA, FL - $99,900
392470 - Details: 315 E JACKSON ST, PENSACOLA, FL - $103,000
400980 - Details: 224 GARDEN ST E, #214, PENSACOLA, FL - $120,000
396501 - Details: 1411 E JACKSON ST, PENSACOLA, FL - $124,900
374643 - Details: 701 N 18TH AVE, PENSACOLA, FL - $139,900
404869 - Details: 1712 JACKSON ST E, PENSACOLA, FL - $159,900
405053 - Details: 600 E BELMONT ST E, PENSACOLA, FL - $159,999
404987 - Details: 108 S ALCANIZ ST, #107, PENSACOLA, FL - $199,999
395631 - Details: 2007 GADSDEN ST E, #303, PENSACOLA, FL - $209,900
405052 - Details: 822 LARUA ST E, PENSACOLA, FL - $215,000
388943 - Details: 522 E GOVERNMENT ST E, #3, PENSACOLA, FL - $229,000
392870 - Details: 721 19TH AVE N, PENSACOLA, FL - $239,000
376496 - Details: 603 E GOVERNMENT ST, PENSACOLA, FL - $249,900
382385 - Details: 314 S FLORIDA BLANCA ST, PENSACOLA, FL - $250,000
399872 - Details: 115 CALLE DE SANTIAGO, PENSACOLA, FL - $329,000
389102 - Details: 331 E INTENDENCIA ST, PENSACOLA, FL - $345,000
403683 - Details: 406 LA RUA LANDING, PENSACOLA, FL - $349,900
392139 - Details: 1703 JACKSON ST E, PENSACOLA, FL - $349,900
403810 - Details: 624 GOVERNMENT ST E, PENSACOLA, FL - $359,900
316659 - Details: 435 E GOVERNMENT ST E, PENSACOLA, FL - $365,000
396534 - Details: 108 ALCANIZ ST, #109, PENSACOLA, FL - $365,000
398749 - Details: 1715 E GADSDEN E, PENSACOLA, FL - $369,000
400832 - Details: 108 S ALCANIZ ST, #206, PENSACOLA, FL - $385,000
400835 - Details: 108 S ALCANIZ ST, #209, PENSACOLA, FL - $385,000
400838 - Details: 415 E ROMANA ST E, #103, PENSACOLA, FL - $385,000
400828 - Details: 108 S ALCANIZ ST, #106, PENSACOLA, FL - $385,000
389359 - Details: 426 E INTENDENCIA ST, PENSACOLA, FL - $394,985
398261 - Details: 1007 E GADSDEN ST E, PENSACOLA, FL - $395,000
390977 - Details: 1326 JACKSON ST E, PENSACOLA, FL - $469,000
388324 - Details: 428 E INTENDENCIA ST, PENSACOLA, FL - $490,000
391033 - Details: 412 E ZARAGOZA ST, PENSACOLA, FL - $495,000
402511 - Details: 1604 HEINBERG ST E, PENSACOLA, FL - $499,000
400120 - Details: 1804 E LA RUA ST, PENSACOLA, FL - $515,000
397980 - Details: 577 ROMANA ST E, PENSACOLA, FL - $599,000
400121 - Details: 524 E ZARAGOZA ST, PENSACOLA, FL - $699,000
345340 - Details: 1919 E LARUA ST E, PENSACOLA, FL - $1,690,000
388530 - Details: 2008 GADSDEN ST E, PENSACOLA, FL - $2,100,000
402913 - Details: 418 D ST N, PENSACOLA, FL - $14,900
401352 - Details: 715 W JACKSON ST W, PENSACOLA, FL - $24,900
388729 - Details: 801 W LA RUA ST W, PENSACOLA, FL - $28,000
396421 - Details: 602 JACKSON ST W, PENSACOLA, FL - $31,900
387768 - Details: 230 I ST S, PENSACOLA, FL - $35,000
400776 - Details: 1760 ROMANA ST W, PENSACOLA, FL - $54,900
386069 - Details: 1800 W JACKSON ST W, PENSACOLA, FL - $55,000
392548 - Details: 112 N G ST N, PENSACOLA, FL - $58,500
398991 - Details: 2000 INTENDENCIA ST W, PENSACOLA, FL - $59,900
389973 - Details: 1818 GOVERNMENT ST W, PENSACOLA, FL - $69,900
387915 - Details: 1003 W WRIGHT ST, PENSACOLA, FL - $74,900
405255 - Details: 711 W BELMONT ST, PENSACOLA, FL - $75,000
397990 - Details: 510 REUS ST N, PENSACOLA, FL - $78,000
395031 - Details: 506 N COYLE ST N, PENSACOLA, FL - $79,900
387345 - Details: 617 LA RUA ST W, PENSACOLA, FL - $82,900
400024 - Details: 809 W GOVERNMENT ST, PENSACOLA, FL - $99,900
351013 - Details: 1610 CHASE ST W, PENSACOLA, FL - $99,900
397110 - Details: 301 N E ST, PENSACOLA, FL - $99,900
387770 - Details: 603 CHASE ST W, PENSACOLA, FL - $100,000
390462 - Details: 1760 W GOVERNMENT ST W, PENSACOLA, FL - $107,500
403445 - Details: 123 N REUS ST, PENSACOLA, FL - $110,000
369391 - Details: 621 W BELMONT ST, PENSACOLA, FL - $110,000
404782 - Details: 1315 GARDEN ST W, PENSACOLA, FL - $114,900
395106 - Details: 1901 W LA RUA ST W, PENSACOLA, FL - $117,000
401435 - Details: 1324 W CHASE ST, PENSACOLA, FL - $119,900
329689 - Details: 9 N J ST N, PENSACOLA, FL - $127,950
375365 - Details: 1500 SONIA ST, PENSACOLA, FL - $149,500
387301 - Details: 1701 CYPRESS ST, PENSACOLA, FL - $159,900
379964 - Details: 2001 W GARDEN ST W, PENSACOLA, FL - $164,000
334483 - Details: 1508 W GARDEN ST, PENSACOLA, FL - $165,000
395105 - Details: 501 N COYLE ST N, PENSACOLA, FL - $199,900
390132 - Details: 1004 W GARDEN ST, PENSACOLA, FL - $205,000
392798 - Details: 55 DONELSON ST N, PENSACOLA, FL - $215,000
401441 - Details: 215 W JACKSON ST, #13, PENSACOLA, FL - $224,900
372491 - Details: 206 LA RUA ST W, PENSACOLA, FL - $240,000
339492 - Details: 205 W JACKSON ST, #10, PENSACOLA, FL - $245,000
397543 - Details: 525 SPRING ST N, PENSACOLA, FL - $245,000
395107 - Details: 509 N BARCELONA N, PENSACOLA, FL - $249,000
389231 - Details: 114 W WRIGHT ST, PENSACOLA, FL - $249,900
402646 - Details: 302 PORT ROYAL WAY, PENSACOLA, FL - $249,900
401664 - Details: 533 N SPRING ST, PENSACOLA, FL - $254,900
361952 - Details: 209 N BARCELONA ST, PENSACOLA, FL - $264,900
403238 - Details: 4 W GADSDEN ST W, PENSACOLA, FL - $275,000
356253 - Details: 541 D ST S, PENSACOLA, FL - $299,000
395787 - Details: 713 N SPRING ST, PENSACOLA, FL - $299,900
401234 - Details: 208 GADSDEN ST W, PENSACOLA, FL - $350,000
400837 - Details: 415 W ROMANA ST, #203, PENSACOLA, FL - $385,000
403071 - Details: 109 S BAYLEN ST, PENSACOLA, FL - $395,000
403069 - Details: 107 S BAYLEN ST, PENSACOLA, FL - $395,000
361034 - Details: 19 PORT ROYAL WAY, #19, PENSACOLA, FL - $399,000
394863 - Details: 406 PORT ROYAL WAY, PENSACOLA, FL - $449,000
346490 - Details: 1408 SONIA ST, PENSACOLA, FL - $475,000
396168 - Details: 700 N SPRING ST, PENSACOLA, FL - $498,000
308167 - Details: 529 N SPRING ST, PENSACOLA, FL - $575,000
403050 - Details: 105 S BAYLEN ST, PENSACOLA, FL - $695,000
387885 - Details: 890 F ST S, PENSACOLA, FL - $699,000

Or Click Here to go view all listings at once.

If your email program doesn't support an HTML url, then copy and paste the following
address to your browser's address box. Make sure you copy and paste the
entire link; it may appear on multiple lines.

http://parmls.com/PcolaReports/ListitLib/show_report.aspx?ID=2612315531


REALTORS: REAL-Service REAL-Expertise.
You can also visit http://www.HouseHunterBargains.com to perform your own property search.

 

To view previously posted daily Foreclosure & Short Sale lists, please click here.

 

Pensacola MLS Home Search Daily Email Alert Pensacola MLS Foreclosure & Short Sale Homes For Sale  Pensacola MLS Green & Energy Efficient Homes For Sale Pensacola Realtor Free Buyer's Agent Services

 

 

          Paradise Home Realty-PensacolaMLS,Pensacola MLS,Pensacola  Property,Pensacola Realty,Pensacola Realtor,Naval Air Station  Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties        Follow me on Twitter-Paradise Home Realty-PensacolaMLS,Pensacola  MLS,Pensacola Property,Pensacola Realty,Pensacola Realtor,Naval Air  Station Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties

 

Trish Sarfert, Broker, GRI

Paradise Home Realty  

850-449-0908 cell 

BrokerTrish@gmail.com

http://www.HouseHunterBargains.com

Monday, March 7, 2011

March 7, 2011 Escambia County Florida Daily Foreclosure & Short Sale Listings Update

March 7, 2011 Escambia County Florida Daily Foreclosure & Short Sale Listings Update

The following is a list of all distressed property listings in the PensacolaMLS / Escambia County Florida region that have either been updated or newly listed today.  For a complete list of all current distressed (foreclosure, short sale, estate, REO) properties, please call me at 850-449-0908 or visit my website to search PensacolaMLS listings.  I will be happy to send you customized emails with daily email updates of new listings and price reductions.  As prior active duty, I proudly serve the military stationed at NAS Pensacola, Saufley Field & Whiting, and would be happy to assist with your military PCS.

Don't Forget- Our Buyer's Agent services are FREE!

 

401500 3282 Cypress Ln, Gulf Breeze, FL Back on Market $46,900
396699 668 Shiloh Dr, Pensacola, FL Back on Market $145,000
380219 414 E Scott St, Pensacola, FL Price Changed $55,000

 

To view previously posted daily Foreclosure & Short Sale lists, please click here.

 

Pensacola MLS Home Search Daily Email Alert Pensacola MLS Foreclosure & Short Sale Homes For Sale  Pensacola MLS Green & Energy Efficient Homes For Sale Pensacola Realtor Free Buyer's Agent Services

 

 

          Paradise Home Realty-PensacolaMLS,Pensacola MLS,Pensacola  Property,Pensacola Realty,Pensacola Realtor,Naval Air Station  Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties        Follow me on Twitter-Paradise Home Realty-PensacolaMLS,Pensacola  MLS,Pensacola Property,Pensacola Realty,Pensacola Realtor,Naval Air  Station Pensacola,Pensacola Naval Air Station,NAS Pensacola,Navy  Pensacola,Pensacola Naval,Pensacola NAS,Naval Station Pensacola,NAS  Pensacola Housing,NAS Pensacola,Saufley Field, NAS Whiting,Pensacola  Beach Properties,First Time Homebuyers SHIP,Portofino Condos,Pensacola  MLS Listings,Pensacola FL,Pensacola Florida,Pensacola Homes,Cantonment  Homes,Pace Homes,Molino Homes,Pensacola Beach Homes,Gulf Breeze  Homes,Milton Homes,Pensacola Foreclosures,Pensacola Beach  Foreclosures,Gulf Breeze Foreclosures,Milton Foreclosures,Pace  Foreclosures,Escambia County Foreclosures,Pensacola NAS  Foreclosures,Santa Rosa County Foreclosures,NAS Pensacola  Property,Milton Property,Gulf Breeze Property,Pensacola Beach  Property,Pensacola Investment Property,Pensacola Beach,Pensacola Beach  FL,Pensacola Beach Properties,Pensacola Beach Houses For Sale,Pensacola  Florida,Pensacola FL,Pensacola Beach Realty,Portofino Pensacola  Beach,Pensacola Beach Properties

 

Trish Sarfert, Broker, GRI

Paradise Home Realty  

850-449-0908 cell 

BrokerTrish@gmail.com

http://www.HouseHunterBargains.com

Sunday, March 6, 2011

Why pay more for a home than the asking price?

“Why pay more for a home than the asking price?”  Well, on certain properties, if you don’t bid higher than asking price, someone else will.  Not on every property, mind you- this is still a Buyer’s market in most areas- but here are some things to consider before you decide to place a bid on a property to determine if that property MAY sell for higher than asking price.

1.) How long has the property been listed at the current listing price?  Your Realtor can answer this question for you by researching the price history in the local MLS.  If it is an older listing and has been in the current price range for a while, then it will be less likely to have multiple offers and probably will not sell for over the asking price.

2.)  Is it a Foreclosure, Short Sale, or Owner Sale? 

    a.) Foreclosure- Sometimes foreclosed properties are deliberately listed at ultra-low prices to attract buyers as quickly as possible.  This can sometimes cause a bidding war, where the listing agent will ask all potential buyers to submit their ‘highest and best’ offers.  Depending on who is bidding and how much they desire the property, the bidding war can make the price go higher than listing price.

    b.) Short Sale- If the listing agent is an experienced Short Sale agent, then they probably have the home priced close to where they think the lender (who holds the current mortgage, which is higher than asking price) will accept the offer (agreeing to sell the home for less than what the current owner owes on the mortgage).  The home is often priced based on a BPO (similar to an appraisal) which takes into account the sales and listing prices of nearby properties that are close to the subject property (usually within 1/2-1 mile) and similar in age and condition.  If the agent has the home priced correctly, it should sell right around the listing price.  If the agent has priced it too low, the lender may ask for more than the listing price in order to agree to the sale.  In this case, the Buyer can decide whether or not to accept the lender’s counter offer, and the purchase price will end up higher than the original asking price. 

    c.) Owner Sale- If the home is being sold as a non-distressed owner sale, then they are probably pricing it based on either local sales comps in the neighborhood (pricing at market value), based on what the seller owes on the current mortgage, or based on what they FEEL that the home is worth (often priced over current reasonable market pricing).  In the current market, these types of listings do not usually close for higher than asking price, because they are usually priced at or above current market value. 

3.) Is the home in a desirable area, or does it have other features that make it special? 
If the home is in a desirable area or popular neighborhood, or if it has features that make it ‘stand out from the crowd’ such as a beach waterfront property or luxurious amenities, then this may lead to a bidding war, potentially causing the selling price to go higher than asking price.  On properties like this, I always recommend to my Buyers to bid what the home is worth to them, and that if they want to bid lower than asking price they have to be prepared to lose the home.  Of course, we also run sales comparisons to make sure that they are not bidding over what the home will likely appraise for.

4.) Is the home going to appeal to many investors?  If you are an investor, you have to remember that you are NOT the only investor in the area.  In the Pensacola MLS region that I serve, in the past year there have been 969 agents that have sold Residential Property (there are many more active agents, but many have either had no sales in the last 12 months or are in Commercial or other specialties).  I know that I email property searches to about 300 different buyers in my database each day.  Of those, probably about 30 are active or potential investors, and guess what?  They are all viewing the exact same properties that you are looking at, every day.  If I’m sending these properties to about 30 different potential investors every day, then how many of those other 969 active Realtors in the area have investors that they are sending those listings to each day? 
Now granted, not every property is going to appeal to every investor, but I know that I often show the same property to multiple buyers, and on occasion I’ve even submitted offers from multiple buyers on the same property (making sure they are aware that I am working with more than one buyer on that property and allowing them a chance to bid accordingly).  Right now, the most popular properties with  the majority of my active rental investors are those priced under $40,000.  I always recommend to them that if they see one of these properties on my daily email alerts, then they need to view them quickly and decide quickly whether or not to place a bid, as this price range sells fast (again, depending upon the condition of the property and location).  If you see a home you really want, bid what it’s worth to you and don’t be upset if you lose it by bidding too low.  Not every low priced home will lead to a bidding war, so ask your Realtor for their opinion before you make your offer.

I’ve done some research on Residential sales in the last 6 months in the Pensacola MLS region.  So far, I’ve found 108 properties that have closed for more than asking price since 9/1/2010 (I’m sure there are more, but there’s no quick search option to gather that information).  Of course, there have been a total of 2031 Residential sales in that same time period, so the percentage of sales that closed higher than asking price is low (about 5% of the sales that I have found to date).

If you would like to see a brief overview of some of the listings mentioned above, please email me at BrokerTrish@gmail.com and I will forward the information to you (sorry I couldn’t post it here- it was just too much information for one blog).  Some useful information included in this data:

-22 were short sales
-55 were foreclosed/corporate owned
-31 were non-distressed owner sales

Of ALL the Residential listings sold in the Pensacola MLS region between 9/1/2010 and 3/6/2011 in the Pensacola MLS:

-258 were short sales
-482 were foreclosed/corporate owned
-1291 were non-distressed owner sales

 

 

To view previously posted daily Foreclosure & Short Sale lists, please click here.

 

Pensacola MLS Home Search Daily Email Alert Pensacola MLS Foreclosure & Short Sale Homes For Sale  Pensacola MLS Green & Energy Efficient Homes For Sale Pensacola Realtor Free Buyer's Agent Services

 

 

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Trish Sarfert, Broker, GRI

Paradise Home Realty  

850-449-0908 cell 

BrokerTrish@gmail.com

http://www.HouseHunterBargains.com