short sales: Short Sales in Today's Market... - 11/02/09 08:30 PM
It is amazing how things have changed from even a year or so ago. Short sales are going to be around for at least another 2 years.
For the homeowner in distress this means even in a short sale situation there is a lot of competition for buyers. Will this change … (2 comments)
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short sales: Yes, Wachovia has short sales down........... - 07/27/09 03:59 PM
I just closed my first short sale with Wachovia. What a difference! 2 months vs 4-9 months. No BS.....just down to business, give me the facts and lets move forward.
What a delight and relatively coherent process. Now if the rest of the banking and lending industry would get on board … (6 comments)
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short sales: Homeowners in distress, needing to do a short sale... - 07/05/09 08:17 PM
For those home owners whose best option has been determined is a short sale , just what should you expect?
Home is sold as-is
Seller does not make a profit
Seller may be required to bring some out of the pocket money to the table(Not always, depends on offer, your deficit … (0 comments)
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short sales: I was asked the other day WHY I do short sales......... - 06/21/09 07:54 PM
That is a loaded question. There are several reasons.
Short sales are here for awhile and whether representing buyer or seller experience in short sales is a must.
I was ridiculed when I first started doing short sales....mostly the ridicule came out of ignorance and lack of knowledge. Within a year … (0 comments)
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short sales: Writing multiple offers on various homes at same time in this market.... - 03/25/09 03:22 PM
Specific to California.......I have been approached by buyers as well as several colleagues of mine about writing multiple offers at once on various properties and see which ones win.........
In California, if a buyer writes up a mulitple offers and those offers are accepted by the various sellers that buyer is technically responsible … (0 comments)
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short sales: Is a short sale the best option for a seller in distress? - 01/01/09 09:14 PM
Actually , NO it may not be....
This is where we are going to see a lot of backlash within the next few months when the sh-t hits the fan.
There are mitigating circumstances to each particular situation. What may be right and work for one may not work for the … (0 comments)
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short sales: Bail out....sham or not..........Inquiring Minds want to know... - 11/10/08 01:10 PM
Those of you involved in short sales..........since the Bail Out was put in force how many of you have seen a trend towards non communication, canceling of file without contact, refusing to do short sales, having notes either disappear or were not noted in your last call and a general feeling … (4 comments)
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short sales: 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 … (0 comments)
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short sales: As a buyer have I missed the boat? Has the market hit bottom? - 06/28/08 11:18 AM
Ah, if I had a crystal ball would I still be selling real estate?
Some things buyers must take note of: We are seeing more and more investors buying up california property.....When the investors come in that is usually a decent indication that the market is most likely near the bottom … (0 comments)
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short sales: Before you decide to do a short sale or foreclosure...... - 06/14/08 10:55 AM
1-Talk to a real estate tax attorney or your CPA
2-Talk to your lender mortgage department and take names and dates and time with whom you spoke
3-Do NOT listen to friends and family unless they have a law degree and know the real estate tax consequences
4-Each case is different- … (0 comments)
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short sales: Are Short sales worth the wait? - 06/14/08 10:15 AM
Depends on whether you are the one that wins out!!!
Short Sales are closing!!! They have been some fabulous deals on them.
However, if you are seeking a close within 30 days, short sales may not be the best option.
Can short sales close sooner? In some instances yes, if … (0 comments)
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short sales: Should I or Should I not buy into day's market? - 03/29/08 11:24 AM
Let me ask you this.....How much are you paying for rent? How much of a tax break are you getting? How much in taxes do you owe each year?
What would be the advantage of you owning a home at this time?
Are you happy renting?
Do you like yard work?
Do you have … (0 comments)
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short sales: Please, will someone explain to me what the H-ll the banks or lenders are thinking? - 03/17/08 12:06 AM
Catherine Myers and I have teamed up to do short sales in Contra Costa County. We are getting calls even from out of state from our blog http://www.ccshortsales.com
We had a meeting with a possible short sale this past week. Where this womans home is located the prices have halved in the … (9 comments)
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short sales: Short Sale and Foreclosure Trauma... - 12/16/07 11:19 AM
One thing that has become very evident that is not being addressed is the emotional and mental trauma many homeowners are facing due to short sale and foreclosures. Not to be taken lightly. The look of devastation and failure has led to major depression and in some cases suicide.
We are not … (6 comments)
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short sales: Qualifed and Serious Investors - 12/07/07 12:30 AM
Take advantage of the real estate market conditions and the deals that are now available in Contra Costa County.
Whether you are seeking to increase your portfolio of rental properties or multiple unit buildings please contact us .
We are seeking qualified and serious investors. We will require evidence of such up front.
With the … (0 comments)
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short sales: Contra Costa Short Sales... - 12/07/07 12:21 AM
Due to the overwhelming need to assist homeowners in presenting their homes as short sales to their lenders, Catherine Myers( http://www.DiabloValley.net )and I are working together to hopefully assist homeowners in distress to minimize the damage to their credit.
Our blog http://contracostashortsales.wordpress.com/ has some valuable information and links for those seeking some guidance.
We … (1 comments)
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