Ar_home_b_search
 



investment: Fear of losing in the stock market may drive people to invest in brick and mortar --- real estate? - 09/20/08 02:43 PM
Last night, over cocktails with clients, we were discussing the unbelievable economic havoc in recent days and weeks. Giant and prestigious corporations collapsing. Mortgage companies bailing out or needing to be bailed out.
My client made a comment that she is concerned about her 401K, and is thinking of taking out as much as she can and put it in real estate --- something we can see, touch. Her husband is just as concerned. None of us are comfortable relying on our social security or retirement for our old age.
This was echoed by others in our circle, those who did or do have … (11 comments)

investment: "Bottom feeders?" How one agent described people who look for short sales and foreclosures. - 04/03/08 01:59 AM
One property that I was showing in an upscale neighborhood of Orinda (CA) has been on the market for over six months. Typically, homes in this area do not stay on the market for a long time. Our MLS has a feature notation where an agent can mark whether this is a short trans/pay (short sale) or REO. Out of curiousity, I asked the realtor if this property is a short sale. Perfectly harmless question, I thought, since there's no guarantee that an agent is diligent enough to post this information if either case applies.
The agent railed and sniffed that he was "sick and … (8 comments)

 
Pacita Rainmaker_large

Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA

Oakland, CA

More about me…

Alain Pinel

Address: 6211 La Salle Ave, Oakland, CA, 94611

Cell Phone: (510) 205-2992

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Oakland real estate on ActiveRain.