Bank of America Messed Up the Short Sale Approval But We CLOSED - 03/31/08 08:36 PM
I swear, some transactions just come in under the wire. No matter how many precautions you take, and no matter how many times you try to anticipate what could go wrong and fix it before it does, something always happens. After finally receiving the short-sale approval letter, I sent it to … (13 comments)
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Bank of America Approved the Short Sale -- Peel Me Off the Floor - 03/24/08 01:59 PM
I just about fainted this morning when Tony called me from Bank of America. He found the misplaced paperwork. He said the short sale has been approved. He went on to say he is handling 400 files and is swamped. He also said he had the option of approving a lower … (31 comments)
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Bank of America Says If It Goes to Foreclosure, It Goes to Foreclosure. So What? - 03/22/08 11:50 AM
I have a seller who wants to pay Bank of America the shortfall difference on a short sale, but B of A says let it go to foreclosure. We don't have time to talk about it.
I realize that many agents are struggling with short sales right now. Because the system … (113 comments)
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How Many Keyboards Do You Buy Each Year? - 03/18/08 08:40 PM
I ask because it seems I end up destroying buying a new keyboard every year. I can't believe it myself. I'm such a slob that I continually ruin keyboards. I know that electronics and moisture don't see eye-to-eye, yet I keep hosing my keyboards. Is there no hope? Am I the … (17 comments)
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Agents Who Credit Commissions to the Buyer - 03/17/08 11:40 AM
Buyer rebates are a complex and easily misunderstood aspect of some real estate transactions. Some buyers believe that agents routinely kickback part of their commission to the buyer, but the bulk of agents do not.
There are situations that arise in a transaction, however, that make a credit necessary, if simply to … (10 comments)
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Sacramento Market Still Moving UP! - 03/14/08 09:06 PM
I can't believe this. Look at that upward spiral for February. The pending sales in Sacramento are moving up. Inventory is reducing.
Investors are coming back into the market, but they are always the first to recognize market conditions and act on them, way before home buyers figure it out.
I was hoping … (5 comments)
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Buying, Fixing Up and Selling, Five-Part Series - 03/14/08 01:17 PM
I want you to know that I don't often hold a hammer in this manner. My husband shot this photo toward the end of a long day when I wasn't paying attention to what he was doing; I just wanted to be finished hammering nails into the my new garage framing. … (6 comments)
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Plucking Blogs off Active Rain - 03/13/08 08:32 AM
On the topic of crooks, I have noticed that certain Web sites, one of which is realestatepick.com, has been swiping blogs from Active Rain and posting them online. They do this because they receive revenue from selling advertising on their site.
For some reason, the pictures are not transferring, but some of … (11 comments)
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Another Scam Hits Real Estate Agents . . . And the Public, too. Look Out for SYS INC. - 03/12/08 09:50 PM
In early February, I warned you about a scam involving Craigs list. That scam seems to have reached epic proportions, since it's all over the Internet now. Several agents at my company have also had their identity stolen in this manner.
Well, just today I received my credit card statement. There … (8 comments)
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I'm Not Gonna Take It, Never Did and Never Will - 03/11/08 02:00 PM
I woke up this morning with a song running through my head. I could hear the guitar licks before my feet hit the ground:
We're not gonna take itWe're not gonna take itWe're not gonna take itWe're not gonna take itWe're not gonna take itNever did and never willWe're not gonna take … (12 comments)
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Why Some Listing Agents Won't Show You the Listing - 03/09/08 12:40 PM
Don't be surprised if the listing agent you call doesn't rush right out to show you the listing. Even in buyer's markets, where agents are courting buyers right and left, not every agent is going to drop what she is doing to accommodate a showing request. For example, when buyers call … (5 comments)
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Sacramento FHA Loan Limits Just Jumped More Than $200,000 - 03/06/08 11:27 AM
Great news, Sacramento home buyers. The FHA loan limits for Sacramento County have increased. The maximum limit was $362,790, and it was increased yesterday to $580,000. FHA loans are excellent tools for first-time home buyers, especially since the down payments are 2.85% of the sales price. Years ago, sellers used to … (0 comments)
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5 Steps to Take Before Selling Your Home - 03/05/08 10:11 PM
A lot of times, sellers get ideas into their heads and act on those ideas before calling a real estate agent and before putting their home on the market. These ideas can cost a seller a lot of money, regardless of how well meaning. The thing is most sellers don't regularly … (0 comments)
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The Complete Home Selling Process - 03/03/08 07:31 PM
I've known sellers who thought all they had to do was call me to come over and list their home, and it would sell the following day, maybe close a week later, freeing them to sail into the sunset or head for Tahiti carting a boatload of cash. And it just … (3 comments)
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