It isn’t often that Nantucket witnesses a foreclosure in the desirable Cliff area.  On a sunny Tuesday in October, First Bank of Missouri held a foreclosure auction at 18 Cliff Road on Nantucket.  Surrounded with iconic hydrangeas, this beautiful Nantucket summer home, most recently listed for sale at $5,195,000, sold to a private individual for $3,000,000 (plus existing tax liens).  Local real estate professionals and several buyers were present for the bidding which culminated in the bank registering their last bid at $2.900,000 before being outbid.

Nantucket, MA— Several agents at Windwalker Real Estate recently earned the nationally recognized Short Sales and Foreclosure Resource Certification. The National Association of REALTORS^® offers the SFR Certification to REALTORS^® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.

According to a recent NAR survey, nearly one-third of all existing homes sold recently were either short sales or foreclosures.  For many real estate professionals, short sales and foreclosures are the new “traditional” transaction.  REALTORS^® who have earned the SFR Certification know how to help sellers maneuver the complexities of short sales as well as help buyers pursue short sale and foreclosure opportunities.

“As leading advocates for homeownership, REALTORS^® believe that any family that loses its home to foreclosure is one family too many, but unfortunately, there are situations in which people just cannot afford to keep their homes, and a foreclosure or a short sale results,” said 2009 NAR President Charles McMillan. “Foreclosures and short sales can offer opportunities for home buyers and benefit the larger community, as well, but it’s extremely important to have the help of a real estate professional like a REALTOR^® who has earned the SFR Certification for these kinds of purchases.”

Please contact one of our agents and put our experience and expertise to work.

Although Windwalker Real Estate doesn’t like to focus on the bad news, we strive to report on all Nantucket real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 10-10 1/2 Cherry Street Google Maps Link Auction Date: February 22, 2010, 11:00 AM
• Address: 4 Dovekie Court Google Maps Link Auction Date: February 25, 2010, 12:00 PM
• Address: 45 Surfside Road Google Maps Link Auction Date: February 18, 2010, 12:00 PM
• Address: 77 Easton Road Google Maps Link Auction Date: February 23, 2010, 2:00 PM
• Address: 9 Aurora Way Auction Date: February 22, 2010, 10:00 AM
• Address: 5 Main Street Google Maps Link Auction Date: February 25, 2010, 1:00 PM

For more information on these properties or any Nantucket properties, please contact Windwalker Real Estate.

Although Windwalker Real Estate doesn’t like to focus on the bad news, we strive to report on all Nantucket real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 101 Somerset Road Google Maps Link Auction Date: February 4, 2010, 12:00 PM
• Address: 2 Anne’s Lane Google Maps Link Auction Date: February 4, 2010, 11:00 AM
• Address: 8 Anna Drive Google Maps Link Auction Date: February 11, 2010, 1:00 PM

For more information on these properties or any Nantucket properties, please contact Windwalker Real Estate.

Although Windwalker Real Estate doesn’t want to focus on the bad news, we  like to report on all real estate news.   Here is a list of the Notice of Mortgagee’s Sale recently published in the Inquirer and Mirror.

• Address: 4 1/2 Macy’s Lane Google Maps Link Auction Date: January 28, 2010, 9:00 AM
• Address: 22 Bluebird Lane  Google Maps Link Auction Date: February 5, 2010, 2:00 PM
• Address: 2 Cedar Circle  Google Maps Link Auction Date: January 28, 2010, 12:00 PM
• Address: 30 Hummock Pond Road  Google Maps Link Auction Date: January 28, 2010, 1:00 PM
• Address: 11 Starbuck Road   Google Maps Link Auction Date: February 4, 2010, 1:00 PM
• Address: 9 Old Westmoor Farm Road  Google Maps Link Auction Date: February 1, 2010, 2:00 PM
• Address: 6 Pine Tree Road  Google Maps Link Auction Date: January 21, 2010, 1:00 PM

For more information, please contact Windwalker Real Estate.