short sales: Your Credit Union Lien Not Included In The Bankruptcy? - 03/11/15 06:42 AM
Your Credit Union Lien Was Not Included In The Bankruptcy?
 
I was first contacted by a San Jose home owner in August 2013.  The homeowner was considering a short sale. The property was excluded from the bankruptcy. When I asked why the property was not included in the bankruptcy the response was "I'm just going to let it go to foreclosure."
After several phone calls and many hours of consultative time I never heard form the owner again.
Until January 2, 2015 when the owner called advising they are ready to do a short sale.  BUT, he received a … (34 comments)

short sales: San Jose Short Sale Approval In Record Time - 13 Days - 11/14/14 03:39 AM
San Jose Short Sale Approval In Record Time - 13 Days
 

 
This San Jose Short Sale Agent has been doing short sales for many years.  While I do not enjoy the process, I do enjoy helping homeowners obtain a successful short sale.
In the early days of doing short sales the processing time to approval was all but short. Of course, the short in short sale does not refer to the duration of time it takes to get approval.
 
The short in short sale means the borrower owes more on the mortgage than the value … (23 comments)

short sales: Building Relationships & A Better Business With A Top Escrow Officer - 10/11/14 10:42 AM
Building Relationships & A Better Business With A Top Escrow Officer
 
One of the many ways I build a better business is by working with a phenomenal escrow officer. You may or may not know it but escrow officers, just like real estate agents, are not created equal.
My escrow officer, Dayna Santos is top ranked in Campbell, CA Chicago Title office and in the region she serves. I  know why she is ranked so high!  What I don't know is how I got so darn lucky to find her. All I can do is thank the heavens above … (25 comments)

short sales: I Read Your Blog On ActiveRain About Shorts Sales And - 07/22/14 01:06 AM
I Read Your Blog On ActiveRain About Shorts Sales And
I received a message yesterday from someone calling from New York.  She said she read my blog on ActiveRain about short sales and a specific mortgage company.  The name of the mortgage company is intentionally omitted here. She did not get into what she wanted or why she was calling. She merely asked me to call her. She left her name and cell phone number.
 
I was on my other line when she called. I returned her call within 10 minutes. She asked me if I had any success with … (18 comments)

short sales: Cambrian Homes for Sale | March 2014 Market Report - 04/26/14 08:23 AM
Cambrian Homes for Sale | March 2014 Market ReportCambrian or Cambrian Park is located in the City of San Jose, CA.  The Cambrian School District is comprised of the following schools: (1) Bagby Elementary (2) Fammatre Elementary (3) Farnham Elementary (4) Sartorette Elementary and Price Middle School. GreatSchools.org rates the Cambrian School District 8 out of 10. 
 Cambrian single family homes market snapshot for the month of March 2014  Active Listings: 38 = 15.2% increase compared to February with 33 active listings Active Bank-Owned Homes: 0 = 100.0% decrease from February with 1 REO Active Short Sales: 0 = 100.0% decrease from February with 1 short sale Median Price: $794,000 = 4.5% … (4 comments)

short sales: Cambrian Homes for Sale | January 2014 Market Report - 03/09/14 01:00 PM
Cambrian Homes for Sale | January 2014 Market ReportCambrian or Cambrian Park is located in the City of San Jose, CA.  The Cambrian School District is comprised of the following schools: (1) Bagby Elementary (2) Fammatre Elementary (3) Farnham Elementary (4) Sartorette Elementary and Price Middle School. GreatSchools.org rates the Cambrian School District 8 out of 10. 
 Cambrian single family homes market snapshot for the month of January 2014  Active Listings: 17 = 19.0% decrease compared to December with 21 active listings Active Bank-Owned Homes: Zero and zero in December Active Short Sales: 0 = 100.0% decrease from December with 1 active short sale Median Price: $775,000 = 1.3% decrease from December … (2 comments)

short sales: Cambrian Homes for Sale | December 2013 Market Report - 01/15/14 08:58 AM
Cambrian Homes for Sale | December 2013 Market ReportCambrian or Cambrian Park is located in the City of San Jose, CA.  The Cambrian School District is comprised of the following schools: (1) Bagby Elementary (2) Fammatre Elementary (3) Farnham Elementary (4) Sartorette Elementary and Price Middle School. GreatSchools.org rates the Cambrian School District 8 out of 10. 
 Cambrian single family homes market snapshot for the month of December 2013  Active Listings: 21 = 36.4% decrease compared to November with 33 active listings Active Bank-Owned Homes: Zero and zero in November Active Short Sales: 1 = 50.0% decrease from November with 2 active short sales Median Price: $755,000 = 5.4% increase from November … (6 comments)

short sales: Blossom Valley Homes for Sale | December 2013 Market Report - 01/12/14 01:03 AM
Blossom Valley Homes for Sale | December 2013 Market ReportThe Blossom Valley real estate market is thriving. We definitely need more inventory of homes to sell. If you are thinking of selling your Blossom Valley home now would be an excellent time to do so.  
 Blossom Valley homes market snapshot for the month of December 2013  Active Listings: 36 = 2.9% increase from November with 35 listings Active Bank-Owned Homes: 4 = 100.0% increase from November with 2 REO listings Active Short Sales: 3 = 50.0% increase from November with 2 active short sales  Median Price: $655,000 = 4.0% increase from November ($630,000) Average Price: $655,956 = … (5 comments)

short sales: Cambrian Homes for Sale | November 2013 Market Report - 12/20/13 03:14 AM
Cambrian Homes for Sale | November 2013 Market ReportCambrian or Cambrian Park is located in the City of San Jose, CA.  The Cambrian School District is comprised of the following schools: (1) Bagby Elementary (2) Fammatre Elementary (3) Farnham Elementary (4) Sartorette Elementary and Price Middle School. GreatSchools.org rates the Cambrian School District 8 out of 10. 
 Cambrian single family homes market snapshot for the month of November 2013  Active Listings: 33 = 25.0% decrease compared to October with 44 active listings Active Bank-Owned Homes: 0 = 100.0% decrease compared to October which had 1 active foreclosure Active Short Sales: 2 = 100% increase from from October with 1 active short sale Median … (3 comments)

short sales: Cambrian Homes for Sale | October 2013 Market Report - 11/20/13 01:02 AM
Cambrian Homes for Sale | October 2013 Market ReportCambrian or Cambrian Park is located in the City of San Jose, CA.  The Cambrian School District is comprised of the following schools: (1) Bagby Elementary (2) Fammatre Elementary (3) Farnham Elementary (4) Sartorette Elementary and Price Middle School. GreatSchools.org rates the Cambrian School District 8 out of 10. 
 Cambrian single family homes market snapshot for the month of October 2013  Active Listings: 44 = 15.4% decrease compared to September with 52 active listings Active Bank-Owned Homes: 1 = 50.0% decrease compared to September which had 2 active foreclosures Active Short Sales: 1 and 1 active short sale in September Median … (13 comments)

short sales: What I Thought Would Be My Last Closed San Jose Short Sale - 11/05/13 03:34 AM
What I Thought Would Be My Last Closed San Jose Short Sale  
I recently signed off my sellers on what I thought would be my last San Jose Short Sale. After the signing my clients and I stayed in the conference room at Chicago Title Company and chatted.  
My seller expressed his gratitude and appreciation for my services.  It was so heartfelt.  I wished I had captured it on video or at least recorded what he said. It touched my heart deeply.  
It was not an easy short sale. That may sound like an oxymoron because most of us know that short … (15 comments)

short sales: Cambrian Homes for Sale | September 2013 Market Report - 10/26/13 07:01 AM
Cambrian Homes for Sale | September 2013 Market Report  Cambrian homes market snapshot for the month of September 2013  Active Listings: 52 = 11.9% decrease compared to August with 59 active listings Active Bank-Owned Homes: 2 and 2 bank owned homes in August Active Short Sales: 1 = 50.0% decrease from August with 2 active short sales  Median Price: $735,000 = 3.9% decrease from August ($765,000) Average Price: $759,152 = 2.2% decrease from August ($775,879) No. of Cambrian Homes Sold: 55 = 44.4% decrease from August (99 sales) Pending Properties:  72 = 10.8% increase from August with 65 pending properties Bank-Owned Homes Sold: 1 and zero … (4 comments)

short sales: Can A San Jose Short Sale Agent Cancel A Listing In the Middle of a Short Sale? - 09/13/13 08:53 AM
Can A San Jose Short Sale Agent Cancel A Listing In the Middle of a Short Sale? This San Jose Short Sale Agent canceled a purchase agreement and a listing in the middle of a San Jose short sale. Never in my wildest dreams did I ever imagine or believe that would happen. 
The answer to the question: Can a San Jose Short Sale Agent cancel a listing in the middle of a short sale? is really, it depends on the reason.
My reason was the discovery that the sellers lied.  Due to confidentiality I cannot get into the details of what … (37 comments)

short sales: San Jose Short Sale Agent Closes Another San Jose Short Sale - 09/04/13 12:53 AM
San Jose Short Sale Agent Closes Another San Jose Short Sale Another San Jose short sale closed by a San Jose short sale agent. We still see short sales in the San Jose - Silicon Valley real estate market.  However, the number of short sales are dwindling.
This beautiful home had to be sold because the owner had a job relocation.  They loved their home and did not want to sell. It was either the job or the home. Without a job they could not afford the home. The decision, although bitter-sweet, was to keep the job and relocate.  
(19 comments)

short sales: San Jose Short Sale Agents Are Not Licensed Attorneys Or Accountants - 08/29/13 02:08 AM
San Jose Short Sale Agents Are Not Licensed Attorneys Or Accountants  Someone called me from my San Jose Short Sale Agent Facebook Page. The gentleman on the other end of the line said  "I found you on Facebook." After a few minutes of chatting I said "tell me again, where did you find me?"  He said, I found you on Facebook.  You are San Jose Short Sale Agent. 

I consulted with the caller for over an hour.  While he is an excellent candidate for a San Jose short sale, his lender is offering him with a golden carrot of $8,000 cash for … (14 comments)

short sales: Bank of America Social Media Team I Am On The DO NOT CALL List! - 08/26/13 11:51 AM
Bank of America Social Media Team I Am On The DO NOT CALL List!
 
Some days I just have more tolerance and patience than others. Today is a day of low energy and just about zero patience.  What can I say? I am a San Jose Short Sale Agent and I am also human. 
I've been pushing a boulder up hill with Bank of America for weeks now. This morning I finally got approval to close on a short sale.  The buyers loan funded today and we will record tomorrow.  Thank God we are almost done with this short … (63 comments)

short sales: Why Doesn't Bank of America Just Call It What It Is - Correcting Errors! - 08/22/13 09:18 AM
Why Doesn't Bank of America Just Call It What It Is - Correcting Errors! I recently wrote this post about my frustration attempting to close a Bank of America short sale. After escalating the file I got a call from the closing agent. 
We have to do a "deal change" because the payoff amounts have to match the HUD and approval letter. Really?  Tell me something I don't already know. The millon dollar question is why Bank of America did not get its own payoff correct?  
The escrow officer does not get the payoff demand from the lenders until we … (21 comments)

short sales: Bank of America Is At It Again - Round And Round We Go With A Short Sale Closing - 08/22/13 06:06 AM
Bank of America Is At It Again - Round And Round We Go With A Short Sale Closing What better way for a San Jose Short Sale Agent to vent frustration with a short sale closing with Bank of America other than banging it all out on a keyboard?  I mostly like to share share good news but I do not get to do a lot of that when working with Bank of America.
 
Today I uploaded the Final Estimated Closing Statement into the Equator system.  The closing officer rejected it saying that line 504 on the HUD cannot be … (7 comments)

short sales: San Jose Short Sale Agent | "Why" I List San Jose Short Sales - 08/19/13 12:24 PM
San Jose Short Sale Agent | "Why" I List San Jose Short Sales  
Many agents have never listed a home as a short sale. Some agents listed one short sale and declared they would never list another ... and they never did list another short sale.  Then there are agents, like Kathleen Daniels, who embrace being a San Jose Short Sale Agent and never stopped listing short sales.
My "why" is because people need me . I certainly did not manage short sales to help out the lenders!  I continue to manage short sales because I know first hand the impact I … (11 comments)

short sales: Cambrian Homes for Sale | July 2013 Market Report - 08/10/13 02:18 AM
Cambrian Homes for Sale | July 2013 Market Report Cambrian homes market snapshot for the month of July 2013  Active Listings: 70 = 1.4% increase compared to June with 69 active listings Active Bank-Owned Homes: 3 = 200.0% increase from June with 1 bank owned homes  Active Short Sales: 3 = 200.0% increase from June with 1 active short sales  Median Price: $768,500 = 0.5% increase from June ($765,000) Average Price: $814,397 = 6.4% increase from June ($765,557) No. of Cambrian Homes Sold: 67= 3.1% increase from June (65 sales) Pending Properties:  95 = 28.4% increase from June with 74 pending properties Bank-Owned Homes Sold: … (6 comments)

 
Kathleen Daniels, Probate & Trust Specialist, Probate Real Estate Services (KD Realty - 408.972.1822)

Kathleen Daniels, Probate & Trust Specialist

Probate Real Estate Services

San Jose, CA

More about me…

KD Realty - 408.972.1822

Address: KD Realty, P.O. Box 23665 , San Jose, CA, 95153

Mobile: (408) 499-8751

Office: (408) 972-1822

DRE# 01366594 San Jose Homes for Sale - Silicon Valley Real Estate and homes for sale. We specialize in Probate, Trust and Conservatorship sales.



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