Are banks hindering the real estate recovery? - 05/09/11 03:01 PM
However you slice and dice the question, the answer is : Yes.
I am sure we all have experience in selling or buying short sales and REO's. And maybe in your neck of the woods, it is different (?), but here in California ( San Fran Bay Area), I can assure you that banks are NOT making the right decisions and are indeed preventing real estate values to stabilize or go up slightly. Here are some examples:
•1.     Representing a buyer in short sale, and have an accepted offer from the seller AND the bank. However, a couple of days before … (0 comments)

 
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Antoine Pirson

Oakland, CA

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Caldecott Properties

Address: 5251 Broadway, Oakland, CA, 94618

Office Phone: (510) 594-2400 x 234

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I manage the monthly Oakland Real Estate Investment Meetings on the first Tuesday of every month at my office. We discuss current market issues and exchange real estate experiences. You can join at http://realestate.meetup.com/376/


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