short sale: Why Are LENDERS Sooooooo Stupid??? Part II or This Week I HATE Wells Fargo! - 05/30/09 11:03 PM
This is an email that I sent to the short sale negotiator with Wells Fargo Home Mortgage. It may not do any good but at least I feel a teensy bit better. Carol is my partner on several short sale listings. Without her, I would go insane!!!
Dear _______,
I am … (5 comments)
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short sale: Rumor Confirmed: Countrywide Outsources Short Sales to India - 04/08/09 02:14 AM
I had heard from a title company rep that short sales were being out-sourced. This didn't make any sense to me so I wrote it off as mere speculation or a rumor-until TODAY!!!One of my short sales is a Greenpoint--now Countrywide--loan. I called to make sure that they had the letter … (1 comments)
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short sale: Why We Should Care About Short Sales in San Francisco - 04/02/09 12:06 PM
As much as I HATE short sales (I'll rant another time about my "run-in" with Chase yesterday), they are here to stay in many neighborhoods in San Francisco.
These are statistics from March of this year. The first two columns are single-family homes and the last one is condos. What … (0 comments)
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short sale: It's a Love-Hate Relationship with Short Sales--Like the Clients--HATE the Lenders!!! - 03/31/09 01:52 PM
Wow-two ratified contracts last week! Six of my nine listings are in escrow in one form or another and I am expecting more offers on 2-3 of these plus on another active listing.
Who said that the market is slow????Granted these are short sales and take more time but I … (4 comments)
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short sale: Open Houses Can Be FUN!!! (when shared with Friends!) - 03/22/09 02:06 PM
Last Sunday, my colleague Carol, my buyer’s agent Arthur, and I held open two listings at the same time in the Marina Bay complex in Richmond.
One was an upper level, 2-bedroom, 2-bath for $250,000 and the other has one bedroom and is a ground level condo with a large … (0 comments)
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short sale: Feeling Overwhelmed but Grateful for My Colleagues - 03/09/09 02:10 AM
The Power of Intention is AMAZING!!! A few weeks ago, I was telling Tim (Charlene's husband-they own the building and Charlene owns the company) that I was going to get 10 listings. I was not so sure that I believed myself but I boldly put it out there. Of course, Tim … (3 comments)
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short sale: Buckingham Palace??? (in the Claremont Hills) - 03/05/09 01:40 AM
I am amazed--sellers are coming out of the woodwork--I have never been so busy nor had such a variety of listings.
I wanted to share a unique opportunity in the Claremont Hills. The opportunity to finish the job someone else started and turn his financial disaster into your dream home with … (0 comments)
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short sale: Hope is STILL Alive! (Or My Short Sale SOLD!!) - 01/20/09 09:51 PM
Great news!! Remember I mentioned the new short sale listing that I was working on? Where the couple's home declined $200,000 in value in 18 months?
Within a few days of obtaining the listing-Boom! an offer-quickly followed by two more. We ratified one over asking a mere 10 days after the … (0 comments)
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short sale: San Francisco SHORT SALES Statistics Update - 01/06/09 12:48 AM
It has been a month since I last did an analysis of the short sale listings in San Francisco.
Let me share how these numbers—or percentages—are changing…
The percentage of short sale single-family residences (SFRs) has increased from 13% to 18% in the past four weeks. Should we worry … (0 comments)
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short sale: How to LOSE $200,000 in 18 Months?!? (Or WHAT Bailout????) - 12/27/08 04:23 AM
Wow, gotta know that I love referrals as that means my clients love me, right? So I completed a successful short sale transaction in April for a couple. Last week, they referred me to another couple who owned a condominium in an adjacent town. Coincidentally, I had sold a condo in … (1 comments)
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short sale: Answers to San Francisco REO & Short Sale Quiz (and some Thoughts about OCEANVIEW) - 12/27/08 03:17 AM
Keeping in mind that this quiz was from a few weeks ago--but also doubtful that much has changed--here are the first few answers to the True and False questions in the San Francisco short sale and REO quiz that I posted recently. Also bearing in mind that this was aimed at … (0 comments)
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short sale: What are Your Options When You Can No Longer Afford Your Mortgage?? - 12/22/08 07:32 PM
Maybe you have received a notice of default on your mortgage? Lost your job? Had an unexpected financial setback? Worried about your mortgage adjusting in a few months? And even more worried that you won't be able to afford a higher payment? Or even your current one?If you click on the … (0 comments)
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short sale: San Francisco Short Sale and REO QUIZ!!! - 12/18/08 02:37 PM
As one of the few people in my office who does these transactions, I did a brief presentation on Short Sales and Foreclosures Statistics in San Francisco last week at our weekly business meeting.
Try taking this quiz yourself to see how knowledgeable you are...answers someday!
SHORT SALE & REO QUIZ
… (2 comments)
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short sale: Still "Melting", Why and Where?: More Questions than Answers (and a little Ranting!) - 11/01/08 12:43 PM
I was reading a Chronicle article recently that-despite being a year old-is still largely relevant. It spoke of neighborhoods facing foreclosure and zip codes with high rates of foreclosure in the Bay Area.
I am curious about some of the comments made in the article and, of course, want to add … (0 comments)
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short sale: Is It Really All about PRICE? Or does CONDITION Play a Part??? - 10/08/08 03:38 AM
If you recall--and you probably don't--I have a short sale listing in Richmond. Whereas my clients paid $500,000 for this adorable bungalow, made significant improvements, invested their life savings, and this home should have been worth $550-600,000; I had to list it at a fraction of what should have been its' … (0 comments)
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short sale: Real Estate Statistics: 94608, OAKLAND - 07/17/08 07:42 PM
I have worked in this zip code for a few years now and I love the location on the Emeryville border with the close proximity to San Francisco.
I had a recent listing that sold quickly (less than 3 weeks), with multiple offers and over asking.
My current listing--a block away--is 200 … (0 comments)
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short sale: Is it My Imagination or Are There Really Motivated BUYERS Out There? And New VOICE Search - 07/01/08 12:22 AM
Currently I have two listings in the East Bay: one a short sale and one not. Despite the fact that each has competition in terms of price and nearby listings, I have received sign calls and had my Open Houses well attended.
Today--thanks to a sign call last week and one … (2 comments)
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short sale: A Tale of Two Cities Applies to Oakland as Well as SF - 06/22/08 01:01 AM
I was reading an article in The San Francisco Chronicle recently (belatedly, the date was January 6, 2008, but the info remains relevant) by Carol Llloyd. In her "Surreal Estate" column, she wrote an article entitled "New real estate year starts with a tale of San Francisco's two cities" and went … (0 comments)
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short sale: My OPEN HOUSE In Richmond Today OR Do People REALLY Know About Short Sales? - 06/09/08 01:32 AM
I'm still trying to figure out the interest or urgency of the people who attended my Open House of my "new" listing in Richmond. (I say "new" because it has been on the market for a while but this was the first time I was able to hold the house open.) … (1 comments)
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short sale: $450,000 Victorian Gingerbread NOT on MLS - 06/06/08 04:43 AM
I've got the cutest new listing in North Oakland on the Emeryville border. It won't even be on the MLS until next week. First open will be in two weeks.
In the meantime, it has great period details such as hardwood floors, 12-foot ceilings, medallions and glass doorknobs.
All this … (0 comments)
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