san joaquin: REO Trans for Short Sales? - 11/17/09 11:26 PM
I am re-posting this because it is the up and coming new process. In order for the word to get out, the process, the rules and guidelines -- we must inform other agents, homeowners and buyers.
Well worth re-blog.
Need a short sale agent in the Central Valley: San Joaquin/Sacramento/Stanislaus/Merced/Alameda/Contra … (5 comments)
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san joaquin: Agents: Get on Board ... with the Next Generation Real Estate - 04/28/09 02:01 PM
If you are the kind of agent that can work on your own
Set your goals want to work with REOs, Asset Managers, vendors. Have knowledge on how to manage REOs, Reotrans and other task management systems
Can handle performing property evaluations
Have that "people person" attitude, flexible and ready to … (1 comments)
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san joaquin: Next Generation Real Estate.... interested? - 04/25/09 08:04 PM
If you are interested in becoming a Real Estate agent or already in the business and want to make a move to the Next Generation Real Estate ........Family Realty Group is now hiring agents.
Join us here at Family Realty Group. We cover most of Northern California and are looking for Energetic, Detail oriented, … (0 comments)
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san joaquin: Short Sale: Should I list my house at the price that I owe the lender? - 01/10/09 07:29 AM
Question: This is starting to be more of a common question rather than an obvious answer before you ask the question.
When the owners go to their lender(s) and ask for a loan modification or other workable options and the lender take their time about telling you they cannot help you … (4 comments)
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san joaquin: Weston Ranch is a gold mine for buyers! - 08/06/08 10:40 PM
This is an update from the post: The Market of Weston Ranch .... plan to purchase. Weston Ranch is loaded with bank owned properties that are for sale. Weston Ranch is located in the 95206 zip code, with three or more schools: Komure (George Y) Elementary, Great Valley Elementary, Weston Ranch High School. … (6 comments)
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san joaquin: Got R-E-O Countered? - 04/25/08 02:49 AM
You submit an offer and you get countered? What does it mean?
Some buyers mistake a counter for a turn down or that it is etched in stone. It is not. It is an opportunity to open up the negotiations or it can be.
Don't mistake a counter as a turn downDon't mistake … (16 comments)
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san joaquin: Is Countrywide using SALT to make Lemonaide? - 04/20/08 07:54 AM
When the loans were rolling out like there was no tomorrow - Countrywide was the Industry leader for serving "lemonaide" to the borrowers and homeowners ~ or so they called it. Now that same Industry leader is backing out of helping the mess they lead the industry in creating. Something is really … (17 comments)
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san joaquin: Making a REO/bank owned offer? - - here are some tips! - 04/19/08 03:48 PM
Found a REO / Bank Owned property that you want to make an offer on but not sure how to make the offer?
What you want: So you want everything fixed, termite Section 1, bank to pay all the escrow fees and on top of this pay a 6% closing cost … (30 comments)
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san joaquin: Affordability - and What is Rock-Bottom? - 03/01/08 06:24 AM
Rock-bottom, what does it mean? Where does Stockton, CA fit into affordability? Well, I can tell you some good news. Stockton is not #1 on the least Affordability List, but on the other hand it is not on the #1 Affordable list either. I was actually somewhat surprised (and Happy) to … (2 comments)
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san joaquin: Let's take a Train Ride!.... On How to buy REO properties (Part II) - Finding the right property - 02/27/08 11:10 AM
OK so I promised a train ride. I always try to keep my words... so lets move on to Part II on my REO training.
We now have our list of great opportunities for our buyer.We have advised our buyer of what are the standard requirements for bank owned propertiesWe have … (1 comments)
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san joaquin: Short Sale, Foreclosed, Auction, & REO Properties - Know the difference BEFORE you start your search - 02/24/08 06:37 PM
There are certainly some good deals out there but be very careful what you choose to purchase and be willing to follow the bank's addendum to the T and the requirements to submit an offer is a different requirement in most cases. Just know the difference between the types of Foreclosure resulted … (8 comments)
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san joaquin: Default properties... what kind of buyer is an agent looking to represent? - 02/02/08 11:46 PM
What kind of buyer is an agent looking to represent ... if the property is in default?
Disclaimer: All buyers are welcome to purchase what they can afford.
However, the purpose of this post is to say... An agent should NOT represent a buyer if these four points are true:
1. The buyer will … (8 comments)
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san joaquin: Housing market is down .... Lets see about lowering your property taxes! - 01/30/08 03:25 PM
Since property values have declined in many cases - especially in the San Joaquin County CA, Stockton, CA area due to the sub-prime mortgage foreclosure rise, this might be a good time to order an appraisal for your home. If the value has declined, you may be able to request lower … (14 comments)
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san joaquin: So where does Stockton, CA fit into Home Sales results? - 01/23/08 07:50 AM
Most of the Q4 numbers are in. The prediction is that we will see a rise in Foreclosures before the numbers start to decrease. What are the numbers in your area?
Stockton, CA sold almost half the # of homes as the entire San Joaquin County. Tracy, CA came in second. San Joaquin County has experienced a … (2 comments)
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san joaquin: California Notice of Default results for 2007 are in! - 01/23/08 07:24 AM
So where does San Joaquin County, CA fit ?
San Joaquin County is the 5th highest in % of change in Notice of Default recording for Q4. In order of % change: San Benito is #1 (314.3%); Monterey is #2 (260.1%); Merced is #3 (203.2%); Sonoma is #4 (199.7%) and San Joaquin County … (4 comments)
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san joaquin: I bet you didn't know that......... - 01/20/08 02:38 AM
TRUE or FALSE???
Over 2/3 of homeowners in foreclosure, do not realize that their lender does have workout options available to help them avoid foreclosure? Some options will help you SAVE your HOME or will suggest a Short Sale.
That lenders do not really want to take their home? That having excess inventory of foreclosed … (4 comments)
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san joaquin: Something Agents, Mortgage Brokers and Buyers should know..... - 01/14/08 07:37 PM
NEWS FLASH!
Not that it is something smacking brand new....but it is something that agents, mortgage brokers and buyers should be informed about.
By knowing this, it can help to save a deal.
I am finding that most REOs are requiring that the buyers that submit offers include a Pre-Approval or Acceptance from … (10 comments)
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san joaquin: 3697 Hepburn Court, Stockton, CA 95209 - 01/13/08 04:42 AM
… (10 comments)
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san joaquin: Cart Before Horse or is it? ..... One Lender's Short Sale approach - 01/12/08 09:11 PM
If you are doing or will be doing short sale -- give this some thought. Came from a City Residential Loss Mitigation Representative.
I spoke to a City Residential Loss Mitigation rep and she told me that she uses a different approach that most on how to work her short sale inquiries. … (4 comments)
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san joaquin: Sample Letter: Short Sale Letter of Authorization - 01/12/08 03:51 PM
One of the first items an agent will need is to get a Letter of Authorization signed by the owner. This authorization when faxed into the lender will allow your agent the authority to speak with the lender regarding your loan. This does not give the agent the authority to make any changes … (8 comments)
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