Sunday, September 14, 2008

Sign of the times?
Greenwich doesn't permit broker "for sale" signs but our Board of Realtors has just added a new category for listings: short sales, which are tedious, cumbersome proceedings that may permit a seller to sell his house for less than he owes. The new category serves as a heads up to buyers' reps that this isn't going to be an easy sale. For details on just how involved this is, see
this article from the Hartford Current.

1 comment:

Anonymous said...

I think there is a new townhouse on Church Street (off of Putnam opposite of the YMCA) with a realtor sign. I'll have to look again this week. If I am right, I guess this is one of those short sales..

Cos Cobber