Bank Owned Properties (Foreclosures) are once again hitting our local market. I have just listed a property in Stony Point that is a foreclosure. I have taken another property in Chestnut Ridge in to my inventory as well. Unfortunately I see this as trend. Many purchasers over the last five years, bought their homes at a high value and secured a mortgage with 100% financing or very creative financing. As the market adjusts, and some of these homeowners find it difficult to make their monthly payments. Lendng institutions are foreclosing on their loans. For additional information on foreclosures visit my website.

The Real Estate Market is still adjusting nationwide! Our local Rockland County market is in the middle of an adjustment as well. The current inventory of single family homes is triple today as compared to only a year ago! If your home is your largest asset, you might consider coming to complimentary seminar at:
Boscov’s on Wednesday January 17, 2007 at 7:00PM
Sheryl is offering a complimentary seminar on how to leverage your home in the current market. Tips on how to ‘stage’ your home so it ‘shines’ amongst its current competition, and the current market conditions will be a few of the topics discussed discussed. RSVP: mailto:sheryl@rocklandhouses.com