Real estate blog entries tagged with buyers by Christina Pilgrim (Weichert Pacific Equity Properties)

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Home : Blogs : Christina Pilgrim : Folsom Lake Area Real Estate - Christina Pilgrim : Tag "buyers"

buyers: Changing Market? - 05/14/08 05:16 PM

I am hearing and seeing so many conflicting signs in our market. I was (half joking with) one of my Buyers last week that I think the best time to buy was between December 2007 and February 2008. It is amazing how the market has changed in the past months. Since about February or March, we have seen multiple offers, and properties go pending sale in just 3 days!! Yet I believe we still have 2 more waves of ajustables tha will reset bring yet more foreclosures. At least for now we are seeing homes sell quickly in many Sacraento areas, … (0 comments)

buyers: Short Sale vs. Foreclosure - 05/01/08 04:09 PM

Did you see the price on that house next door? He paid $400,000 for that two years ago and now the agent is asking $210,000 on a short sale.....What's a short sale?
In my opinion, a short sale is a long shot, or wishful thinking on the part of a desperate seller or determined Realtor. By definition, a short sale is the process of asking your existing lender to accept LESS than the full balance owed on the home. You are effectively "short" funds to pay the loan off.
The first question is, why would a lender even consider this type of … (0 comments)

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Christina Pilgrim

Folsom, CA

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Weichert Pacific Equity Properties

Office Phone: (916) 608-7990

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