deficiency: Forgiven Debt Can Rebound as a Deficiency After California Short Sale - 07/10/12 12:21 AM
The thing about the internet is you can find information that supports just about any point of view. It's kinda like wandering down the street and asking passersby what they think about any particular topic. You'll get a wide range of opinions. You might even get a popular viewpoint that could be completely wrong. But because you're a democratic kind of person, you probably believe that the majority can't be off their rockers and it must be true, when it is not.
Some of this information could even be an article I have written for About.com. I sometimes write opposing viewpoints. … (7 comments)

deficiency: About Getting a Release of Liability for Your Short Sale - 05/15/11 03:50 AM
In some states, short sale sellers routinely are responsible for deficiencies. These sellers would never utter the words what is a release of liability because they won't get it. But in California, there is really no excuse not to aim for a release of liability in a short sale. Yet, how many short sale agents do it? Better, how many short sale agents know they're supposed to do it?
There are many ways to get a release of liability on a short sale. The first is to figure out what a release of liability actually means. It does not mean the … (30 comments)

deficiency: We're Gonna Have a Good Time Tonight, Let's Escalate - 02/15/11 02:46 AM
When I receive an email from Bank of America, my heart goes all aflutter. In triplicate. Because almost every email that Bank of America sends me through Equator comes in 3's. Two are identical and the 3rd email is somewhat different but all three deliver basically the same message. I can see that Bank of America is making an effort to communicate. The bank understands how things can fall through the cracks after being the brunt end of wisecracks for so many years.
But the truth is Bank of America is shaping up. It's a new dawn. A new era in … (12 comments)

deficiency: A Beautiful Thing from Bank of America on This Short Sale - 11/10/10 02:09 AM
No. You just don't begin a sentence with the word no. It's such a negative word. When I hear the word no, it makes me want to say, "Oh, yeah? I'll show you." But that's because I'm a trouble-maker. Hey, I'm a Sacramento short sale agent, gosh darn it, and that gives me the right to do whatever I want. OK, in my dreams. Some people call it spunk -- when they're trying to be polite or butter me up -- but I am a pushy little thing, and I don't apologize for that attitude. Not when I believe I am … (7 comments)

deficiency: A PNC Bank Short Sale Bit the Dust in Sacramento - 09/03/10 03:27 AM
PNC is not one of my favorite short sale banks. It seems that in all my Sacramento short sales involving PNC Bank there is a problem. Not always an insurmountable problem, but a challenge nonetheless.
I lost a short sale in Elk Grove yesterday because of PNC. I don't lose very many short sales. This Elk Grove short sale involved a first purchase-money mortgage with PNC and a second hard-money loan with Bank of America. Both banks agreed to the short sale but PNC demanded a $10,000 cash contribution, which the seller did not have and could not or would not … (17 comments)

deficiency: This Sacramento Short Sale Agent Will Cancel Any Seller's Short Sale Listing Upon Request - 06/20/10 02:52 AM
Sellers of short sales in Sacramento are not required to do a short sale if they don't want to. Even if they have signed a listing agreement and a purchase contract. That's because short sales are subject to the seller's approval of the terms and conditions set forth by the bank's approval letter. But even if the short sale approval letter is clean, without deficiency verbiage, and there is nothing in that letter to cause the seller any concern, if the seller wants to cancel the transaction, I'll let the seller do it.
Some agents don't want to let sellers cancel … (13 comments)

 
Elizabeth Weintraub Sacramento Broker, Put 40 years of experience to work for you (Elizabeth Anne Weintraub, Broker)

Elizabeth Weintraub Sacramento Broker

Put 40 years of experience to work for you

Sacramento, CA

More about me…

Elizabeth Anne Weintraub, Broker

Address: 3620 Fair Oaks Blvd, Sacramento, CA, 95864

Office: (916) 233-6759

Mobile: (916) 233-6759

Broker-Associate at RE/MAX Gold, Midtown and Sierra Oaks Sacramento office. Co-partner Weintraub & Wallace Realtors. Selling since 1974. Homebuying expert at The Balance. Weintraub & Wallace sells homes from Galt to Lincoln.
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Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying expert for The Balance, a Land Park resident, who specializes not only in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento but sells extensively from Elk Grove to Lincoln. Weintraub is prominently known as the #1 Sacramento Short Sale agent throughout the Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 40+ years of real estate experience to work for you.



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