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bank owned properties: Buyers and Sellers! Do You Really Know the Difference? - 12/30/08 11:46 PM

 
This summary I have put together has helped many of my clients when searching for the right home.
In today's San Francisco Bay Area market there are numerous properties for sale.  I have been working with buyers and sellers in this challenging market.  For the most part, prices ranging from $200,000 to $400,000  are being sold as Short Sale or REO properties.  There are some being sold on Auction websites. Very few homes in the above price range are being sold by homeowners as what we call a Regular sale. Below are a summarized definition of these types of … (3 comments)

bank owned properties: Buyers! Please! Please! - 08/24/08 10:06 PM
For all you buyers in Northern Calfornia who want to purchase a Bank Owned or Short Sale property:
1. Please do not believe what you hear or read from the Media.
2.  Please listen to the advice of your Realtor.
3.  Please believe us when we say the lenders are not willing to give away the properties.
4.  Please understand that that the lenders are taking anywhere from 30 to 50 per cent loss on the home.
5.  Please understand for the most part the lenders will not take less than listed price.
6.  Please understand that when the property is in great … (0 comments)

 
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Jean Powers CRS,e-PRO,HAFA,SFR Broker Northern California

Alameda, CA

More about me…

Kane & Associates call 510.908.9002

Address: 879 A Island Drive, Alameda, CA, 94502

Office Phone: (510) 908-9002

Cell Phone: (510) 908-9002

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