short sale: Dear Homeowner: don't be afraid, don't be too proud to ask....we CAN help! - 09/20/09 03:23 AM
Sept. 20, 2009. A new listing came up: a foreclosure that took everyone by surprise.
It was not previously offered for sale as a short sale. It sold less than three years ago...and now it's bank-owned?
What happened to the people who lived there? Did they even know about financial resolutions to their distress? Why … (8 comments)

short sale: First Time Buyers and Distressed Home Sellers -- info you can use - 06/09/09 06:09 PM
Part of my outreach and Client Appreciation Program (CAP) per Working by Referral (Brian Buffini) to clients and associates is to send them an Item of Value.
This time, I digressed from the original and proposed letter, and created one that I felt was pertinent today. Here's what I am getting ready … (2 comments)

short sale: When is it too late to save a home from foreclosure? What NOT to do if owner wants to keep the house - 05/08/09 03:37 PM
This woman called me, clearly in distress. She's losing her house that she felt she shouldn't have bought in the first place. She saw me on HGTV's "What's my house worth" and was reminded that she wanted to talk to me.
NEGATIVE AMORTIZATION (Mistake #1)
When she was looking to buy … (4 comments)

short sale: Alameda real estate --- what's happening since January 1, 2009 - 04/14/09 02:23 AM
Having been in multiple offers and counter offers situations lately for residential property listings, it is evident that something is happening. Buyers are stirring!
What's happening in Alameda?
SOLD
Homes sold since January 1, 2009 to date: 70 Highest price sold during this time: $1,995,00 Lowest price sold: $150,000 Average sold … (2 comments)

short sale: Steps from the beach, 2 bedrooms/2 baths condo with pool and lagoon views. SHORT SALE. - 04/08/09 01:03 AM
Here's a quick and easy way to post a listing: put up a widget from Vflyer.com. I actually like it. Cute, to the point, provides links to another website that can give all the other information that won't fit in this widget, yet enables a rotating view of the photos. Sweet! … (5 comments)

short sale: Am I a SOFTIE, or a SUCKER? - 03/28/09 02:09 AM
Not too long ago, I had an online exchange with a local blogger who asked: "Do you specialize in the sob story listings?"
Well, it looks like I have TWO new sob story listings.  There's a possibility of a third coming up. In the interest of brevity, I'll only mention this story.
SOB STORY #1
Yesterday, … (20 comments)

short sale: House for sale...but seller is applying for loan modification. Is this material fact? - 03/22/09 03:31 PM
Yesterday, I showed a truly adorable cottage to my client.
The seller is not (yet) underwater on her mortgage, but could be if she receives an offer less than what she owes at which point, it could be a short sale. The property's current market value isn't worth what the seller … (15 comments)

short sale: My heart truly bleeds for... - 03/11/09 03:12 AM



My heart truly bleeds for people who
 
 
....truly believed and hoped they can achieve the American dream of home ownership
....reached out for the brass ring
....saved and saved and saved to put a decent down payment on a home
....loved living in a home they … (6 comments)

short sale: Property Tax Reassessment. Loan Modification. Or Short Sale? What next? - 02/28/09 02:03 AM
These past two weeks, I have received several requests for help from property owners seeking to get their property taxes adjusted. Perhaps due to an earlier blog Reassessment for property values in Alameda County, CA  or my participation in Q & A on another site, some folks are finding me. I must have … (6 comments)

short sale: Another short sale as yet another client falls victim to recession - 02/14/09 01:35 AM
2005 was a good year for many of my clients. They had good paying jobs. Things were looking good indeed, and many of them qualified to buy their first home.
Pooling their resources, my clients, a couple of sisters, bought a duplex together to enable their extended family to live together. … (4 comments)

short sale: SHORT SALES. Cut a sweet deal. For whom? - 01/16/09 02:53 PM
Buyers and sellers (and REALTORS, too). Save this for prosperity: February 2009 issue of Money Magazine titled "Cut a sweet deal with the Bank".
Main premise: although short sales are rising sharply, "here's how you can profit."
That was intriguing. I thought this is a good article for buyers, sellers and their … (4 comments)

short sale: This fixer has 13 offers, 8 of which are all cash! - 12/17/08 11:04 AM
FIXER IN DESIRABLE EAST END OF ALAMEDA CA
My friend and co-worker just left for a holiday in London, and she asked me to look after her short sale listing.
This is a fixer in Alameda, in a very desirable part of town called Fernside. It has good "bones" but has … (39 comments)

short sale: "Starter" condo in Hayward: 2 Bedrooms/2 Baths, in-unit laundry and then some. - 09/22/08 12:41 PM
We often ease timid homebuyers into "starter" single family homes. But can we say the same about a condo?
Whether one is a first time buyer or someone who wants to simplify and downsize, this 2 bedroom, 2 bath condo meets many basic needs and then some. With 900 sq ft, … (1 comments)

short sale: Short Sale Gunslinger for hire --- good or bad? - 08/12/08 11:35 AM
For the first time, one of my short sale applications was rejected by Downey Savings whose policy is NOT to approve any short sales of any kind. Since we have until November before the house is foreclosed, I am trying to find other means to get this done. Otherwise, my clients … (0 comments)

short sale: To Buyers: please listen to your realtors who guide you to make informed decisions - 08/05/08 01:56 PM
To all buyers out there....
Please listen to your realtors who make a living pricing, selling, researching values of real estate property. We do have your interests at heart. We're not in it just to sell you something. We want you to be happy because we are counting on you to … (5 comments)

short sale: Short Sales for Downey Savings are NOT doable, per Mortgage Resolutions Services - 07/31/08 06:07 PM
LAST RESORT
In a last ditch effort to help my sellers who are upside down on their loans and can't pay their mortgages with Downey Savings and National City, I contacted Mortgage Resolutions to see if they can help my clients.
Mortgage Resolutions offers, according to them "as full complement of … (2 comments)

short sale: 2885 Regatta, Oakland CA 94601 Waterfront Condo, Largest Model at The Estuary - 07/31/08 11:11 AM
Waterfront views from this condo built in 2005, facing the Alameda/Oakland Estuary.

     
3 bedrooms, 2.5 baths    *    Built 2005    *    Largest model 1993 sq ft    *     $599,000.00
Largest model with 2-car tandem parking in garage with interior access.  Granite counters, back splash and bar, stainless steel … (2 comments)

short sale: OUCH! Downey Savings won't approve short sales - 07/30/08 12:29 AM
Venting...
After weeks of waiting for word from Downey Savings for approval for a short sale, I got my answer yesterday.
Private investor
Downey Savings won't approve any short sales. The only way they would approve a short sale is if they received the full payoff --- which, in that case, won't be … (4 comments)

short sale: San Francisco Chronicle Headline: Foreclosures Hit A 20-Year High! - 07/23/08 03:16 PM
We know the foreclosure activity picked up. We also know that we have brisk activity when writing offers, many times, at a multiple-offer situation.
So it wasn't a shock to see this headline that talked about repossessions in the Bay area soaring. Read the story
In the Bay Area, mortgage companies … (5 comments)

short sale: Homeowners don't have to miss payments in order to qualify for short sale - 06/17/08 03:51 PM
I guess the answer will always be "It depends"
A couple of my clients are truly struggling to keep up with their monthly mortgage payments and are finding themselves deeper and deeper in the hole (charging daily expenses to their credit cards because they want to reserve their cash to make the … (7 comments)

 
Rainmaker_large

Pacita Dimacali - e-PRO, SRES, CDPE, MBA East Bay, North CA real estate

Alameda, CA

More about me…

Gallagher & Lindsey

Address: 2424 Central Avenue, Alameda, CA, 94501

Office Phone: (510) 748-1148

Cell Phone: (510) 205-2992

Email Me



Links

Archives

RSS 2.0 Feed for this blog

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