short sale: Now is the time to be in Real Estate!!!! - 05/12/08 04:13 PM
Many people feel that this is the worst market in decades and that many Realtors are dropping like flies. How can I say that this is a good time to be in Real Estate? The answer to that is two-fold.
First, although sales are off, now is an excellent time to … (13 comments)
short sale: Have we hit the Bottom? - 05/06/08 09:48 AM
In my part of the country, many professionals are speculating that we are a year or so off on hitting the bottom. Every time it seems that things are starting to get better, another wave of foreclosures hit the market extending the inventory from 11 months to 15 or more. In … (8 comments)
short sale: The difference between Bank Owned and Short Sale Listings - 03/13/08 03:18 PM
Living in the Central Valley of California, and working primarily in Modesto, the majority of the homes that are for sale are either foreclosures or short sales. Every one in real estate understands what a short sale is, but many consumers are confusing bank owned homes with short sales. A bank … (1 comments)
short sale: Consumers: Are you considering a short sale? - 03/12/08 04:16 PM
Many people are in the situation where their home is actually worth quite a bit less than what they purchased it for. When they bought the home, they were told that refinancing it would be no problem and that they did not have to worry about the bubble bursting in that … (4 comments)
short sale: Your offer is not accepted until the bank accepts the short sale - 03/07/08 11:50 AM
This is just a word of advice to consumers out there regarding short sales. Many people are encountering the following situation. You make an offer and the agent issues a counter-offer, which generally means that your offer has been accepted and that the escrow process has started. However, don't be quick … (1 comments)
short sale: You got the House!!! Oh Sorry You Didn't!!! - 03/06/08 11:55 AM
I have encountered a situation recently that really has me concerned and would appreciate your input on this. I made a bid on a short sale property in Manteca and a week later received a counteroffer from the agent stating that the hot tub wasn't staying and that the property was a short … (17 comments)
short sale: Short Sales! Friend or Foe? - 11/26/07 03:42 PM
Almost every realtor here knows about short sales and the long time process that some of the banks can take to respond to any offer. Most consumers may not be willing to wait the time period necessary to get a response, and some short sales are listed too late to get … (5 comments)
short sale: The delay with REO's - 11/19/07 03:27 PM
I ran into an unusual situation about a month ago, with an REO property. In my area there have been a lot of scams, with people ripping off mortgage companies and couples buying homes. After spending about an hour of research, I found that it was indeed a legitimate property and the … (5 comments)
short sale: Get your short sale done quicker. - 11/09/07 03:44 PM
In many markets across the United States, the term short sale is getting to be very well-known among agents, loan officers and banks. It can be the kiss of death with a sale, since it takes longer to do, usually. I am including some helpful hints for consumers and agents to … (4 comments)
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Many people feel that this is the worst market in decades and that many Realtors are dropping like flies. How can I say that this is a good time to be in Real Estate? The answer to that is two-fold.
