Writing offers on short sales....... - 10/19/08 12:14 PM
Is a short sale listing worth the time and effort? YES ,if it is a home that has the particulars of your wants and needs and is located in areas in which you wish to live.
Do they all close successfully?  No, BUT we are seeing more and more of them closing. We personally have had several close successfully in last few months.
Is there anything I need to be aware of?  Yes. Make sure your offer takes into account the continued downward spiral of house values.  Expect two to 4 months from offer presented to closing. WHY? Your lender will … (0 comments)

Buyers Guide to Purchasing Foreclosures...... - 10/19/08 11:54 AM
One of the biggest boo boo's a buyer makes in presenting offer on bank owned properties is not doing their research ahead of time and not writing a clean offer.
The bank owned properties generally speaking have at least 2 if not 3 appraisals and BPO's(Broker Price Opinions) before deciding on price to list these homes.  Always take that into consideration before making an offer.
Write a clean offer. It is ok to ask for customary things . Remember they want to clear their books.
Have inspection periods for 10 days or less. The faster the closing the better your chances. … (0 comments)

Sewer lines and issues facing buyers and homeowners today...."Code Brown" - 10/19/08 11:33 AM
Not a subject most like to think about .......waste lines........BUT(T) one that does need addressing in older homes and neighborhoods.
In several California Cities it is a requirement to update the sewage lines at time of sale or within a time period shortly after sale.
Many of the older pipes are made out of clay and have cracked and failed allowing for seepage of waste into areas not desired creating a health and safety issue besides the smell........
If a homeowner selling your home, be aware this could be an issue and/or requirement and/or negotiated in purchase offer to be scoped … (1 comments)

 
Professional4

Terry Osburn, Broker Associate

Pleasant Hill, CA

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Prudential California Realty

Address: DRE #01255032, 1954 Contra Costa Blvd, Pleasant Hill, Ca, 94523

Office Phone: (925) 381-9944

Cell Phone: (925) 381-9944

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