willing seller: BANK INVENTORY IS APPRECIATING TOO part 2 - 04/30/13 12:57 AM
In part 1 we examine how the control of the Real Estate market was and is in the hands of the banks and that the shadow inventory has yet to fully loose itself so that the market can correct and run as a free market under normal push and pull dynamics. That would be sellers and buyers coming together willingly and transacting. It is a form of self-regulation
THE ROOTS OF FAIR MARKET VALUE (FMV)
Now, correction is starting to come into the Real Estate arena by promoting and allowing the willing buyer and willing seller dynamics with no other forces, … (7 comments)

willing seller: BANK INVENTORY IS APPRECIATING TOO part 1 - 04/30/13 12:55 AM
Amazing on how if you wait long enough and live through things everything reveals itself and comes around again. Banks, borrowers and related fields went from huge losses to stabilization and now are approaching appreciation which leads to equity building. What was once a liquid-able asset known as a LOSS and a WRITE-OFF is now beginning to become more of a money making than taking asset
BANKS HAVE DATA WE DON'T
The shadow inventory that my pal Carla Muss Jacobs wrote about in a post remains invisible but all so present. However the public does not know what it is or … (4 comments)

willing seller: BPO INSTRUCTION VARY WITH THE DIFFERENT BANKS - 04/16/12 06:10 AM
I have a short sale that could have been sold 3 times if not for a stubborn investor and an inept bank negotiator. It takes no skill to keep saying NO NO NO. At some point, tell me what to do and let put those beliefs to work. Running people around until you learn how to do business is not an equitable transaction to all involved.
GOOD OFFER...BAD RESPONSE
The latest nonsense is that our good offer is being challenged. Our offer is based on market price and condition of the property etc.  Of course, that is not considered here. The bank and the investor … (0 comments)

willing seller: SPLIT THE BABY OR KEEP IT WHOLE SELLING SHORT - 01/16/12 03:36 AM
I have a short sale in my neck of the woods which means it is going to be handled efficiently. Why? I know my areas, product and act accordingly. However, the bank called in a BPO and it came back higher than what is happening in my neck of the woods. To complicate it further, my negotiator likes playing Helen Keller
LITTLE COMMUNICATION IS THE STRATEGY?
I cannot get a word of  acknowledgment, encouragement, guidance or input just NO every-time I submit an offer. However, I had a major breakthrough when this latest BPO came in. The bank while insisting this … (2 comments)

willing seller: PRICING REAL ESTATE FOR SALE OR FOR SAIL....SAILING INTO THE WIND? - 07/27/11 07:21 AM
I just commented on another blog on how there is a house listed as for sale for over 2 years now. The whole neighborhood and the professional industry at large know this. The buzz is that it is over priced and is getting a lot of negative ...DON'T BUY ME attention. Pretty soon, it will become invisible even to a serious buyer
IT IS LIKE SAYING... YOUR A FOOL IF YOU BUY ME
Its almost off the known RADAR screens now. Just because something is for sale doesn't mean it is on sale or worth what someone says it is. If … (2 comments)

 
Richie Alan Naggar, agent & author  (people first...then business Ran Right Realty )

Richie Alan Naggar

agent & author

Riverside, CA

More about me…

people first...then business Ran Right Realty

Address: 4850 Palo Verde Lane, Riverside, Ca, 92501

Mobile: (951) 201-5951



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