Why are many luxury homes now short sales?


Why are many luxury homes now short sales?

The market is full of surprises. Luxury and second homes were all the rage when
money was easy to come by, but now in many cases are simply over leveraged.
Many folks in this income bracket took out ARM loans, which have since reset,
but rates are low now – they won’t be forever. Listen in as we discuss some of these
dynamics that make the luxury home market dynamic fascinating.

Be the first to send in a correct guess of our filming location to
support@cornerstonepropertieshomeinfo.com and win a free $25 gift certificate to McFadden’s restaurant on Pennsylvania Avenue in DC!

More Videos

This is a weekly video series with Short Sale Expert/Attorney/Broker Brian Gormley discussinag
tips, tricks, and general observations in the real estate
market with special emphasis on short sales.

A FREE prize will be given away to the first person to correctly guess our filming location each week.
Send your guess to support@cornerstonepropertieshomeinfo.com.


Comments

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