foreclosure: A Year Late and $60,000 Short... Or How To Try To Close A Short Sale in Only 548 Days! - 07/09/09 04:15 PM
Hi All,
Friday should have been a great day.  It really should have been.  Not just for me but for my client and also for another agent and their client's as well.  But it wasn't and here's why.  I took a listing for a condo in Ontario, CA in February 2008.  It was, is, and remains a Short Sale. And it is getting "shorter" by the minute. 
A brief recap for those who don't remember my speaking about this transaction before.  (And really, why would you since I started babbling about it when Barack Obama was still just a Senator from … (13 comments)

foreclosure: Its The First Time EVERY Time In A Real Estate Transaction... But Should It Be? - 03/12/09 10:24 PM
Hi All,
I closed another transaction yesterday and I awoke this morning with that Scarlett O'Hara morning after glow about me.  After a languid stretch and a considerable amount of humming to myself I sauntered into my living room only to find that my cellphone had already been far busier this A.M. than I had. 
Upon checking my voice mail I heard the harried voice of my Escrow officer admonishing me to check my email urgently as there was a document that she claimed my client had neglected to sign and without it they were not going to disperse my funds.  … (27 comments)

foreclosure: The Downside To Having Good SEO... - 08/27/08 06:04 PM
Hi All,
One of the first acronyms I learned within days, practically within hours of entering the Blogging arena was SEO.  Search Engine Optimization was said (or rather typed) with a respect bordering upon reverence.  Having your presence in the Internet being noticed and noted by Google, Yahoo et al was considered the be-all and end-all of everything.  Well, today I learned why that may not be such a good thing...
I got a phone call from a very nice lady in another state who had found me on the Internet when she did a search looking for help with a … (13 comments)

foreclosure: "A Verbal Approval Is Not Worth The Paper Its Written On"... Or, "Just 'Cause You Say It, Don't Make It So" - 08/20/08 08:18 AM
Hi All,
Don'tcha just love the English language and all the colorful ways folks use it?  Boy, I sure do, and I am especially enamored of the way that some folks truly believe that by merely speaking the words they can "wish" things into being.  I always knew "Abracadabra" was a magic word that could make things happen merely by uttering it, but I had no idea that "Approval" was similarly endowed.  I know that where Short Sales are concerned, this is a powerful word and one everyone involved in the transaction longs to hear.  Once "Approval" is uttered a whole … (17 comments)

foreclosure: How The Grinch Stole The Kitchen... - 08/19/08 04:57 PM
Hi All,
Every buyer in Rancho, the tall and the small just wanted to get the best house deal of all.  The market was hot, there was no end in sight, so they borrowed the money (who cares if its right).  They spent every penny with nary a thought, but when the bottom dropped out a lot were just caught.
Their ARM's were adjusting (but their legs stayed the same) and it wouldn't be long 'til they were out of the game. 
The bills just kept coming, soon they got well behind, then the sheriff came looking the owner to find.  … (17 comments)

foreclosure: Forget Who Moved My Cheese... Who Stole My Sign? - 08/13/08 07:17 PM
Hi All,
Lately I have been spending a considerable amount of time shepherding buyer's from home to home in search of their perfect place.  And lately, most of what we are visiting is either a Short Sale or a Bank Owned Home. 
I have seen more than a few homes which have had things missing, faucets in the kitchen, light fixtures in the hall, a built-in bookcase, etc.  Usually I have chalked this up to overzealous homeowners taking what they felt was "rightly" theirs.
But I have also begun to encounter something which is distressing, dismaying and downright depressing.  The keys … (90 comments)

foreclosure: Seller's Its Time To Cash Your Reality Check... And Your Agent Needs To Write It - 08/10/08 11:58 AM
Hi All,
This is a rant.... this is only a rant... please do not adjust your viewer but take this in the spirit intended...
Picture this... We are out for a day of property viewing and shockingly most of what we are looking at is in some form of distress.  So what this means to me is that these properties, and in the case of Short Sales, these owner's have a level of urgency attached to the outcome of these transactions somewhere in the magnitude 20 range on the Richter Scale.  But do they?  Are they behaving like they do?  Nope, not one bit … (11 comments)

foreclosure: The Short Sale Soap Box or What I Think Everyone NEEDS To Know... - 07/20/08 11:03 AM
Hi All,
This one is a little long-winded, so grab some snacks, settle into a comfortable chair and let's go...
I think I am safe in saying that I am RAPIDLY becoming something of an expert on the intricacies of the Short Sale.  I have now successfully handled Short Sale transactions from both sides of the table and am fielding calls from my other agent friends on what to do and how to do it where their transactions are concerned.
There is a whole lot of misinformation out there where these deals are concerned, and a whole lot of people are getting frustrated, angry … (8 comments)

foreclosure: Do Big Screen TV's Cause Short Sales? - 07/19/08 03:25 PM
Hi All,
Everyone knows that Short Sales and Foreclosures are on the rise.  This is not news.  And everyone has heard about how predatory lending practices and option A.R.M.s are to blame.  While I am sure that these have indeed all been involved in this mess, that is not the whole story.  But, fear not... I think I have found the real culprit...the true power behind this particular throne... The Big Screen TV.  Oh, you doubt me do you?  Well, allow me to demonstrate how I arrived at this hypothosis.
I have noticed that almost every home I have entered which is in … (67 comments)

foreclosure: My Dirty Little Secret... Confession Time... - 07/19/08 02:25 PM
Hi All,
I have been hiding something from everyone for a very long time and I finally feel secure enough (read that guilty) to come clean... to out myself... to confess... my dirty little secret...
This is something I have not wanted ANYONE to know and, in fact, I think I have hidden it quite well.  Heck, until I finally shared it with my husband even he HAD NO IDEA. 
So, here it is (heavy sigh, deep breath, eyes cast down in supplication...) I am a Realtor and I HATE looking at houses! 
And by that I mean loathe, abominate, and … (14 comments)

foreclosure: Call Me... Or Not... A Cautionary Tale... - 02/05/08 03:24 PM
Hi All,
One of the things that we are all taught in our figurative Real Estate cradles is that the best way to get clients is by referral and that the best referrals are those that come from your sphere of influence (friends, family, current and former clients, etc.).  While this is quite true, I for one, know how difficult it can seem to get these folks to spread my cards out like confetti on New Year's Eve. 
But, today I learned, or more accurately re-learned that while good news travels fast, bad news travels faster and the selfsame folks that don't remember to toss your … (13 comments)

foreclosure: Ducking The Issue or Birds Of A Feather Walk Together... - 01/31/08 07:38 PM
Hi All,
A few days ago I rambled about preparing to walk my farm during a rainy day passing out rubber ducks.  I said I would let you all know how that worked out.  So, here goes... In the style of "Dragnet"... Dum de dum dum...
This is the City... Claremont, California, the furthest edge of Los Angeles County.  A quiet collegiate town known more for its seats of higher learning than for challenges to the status quo.  But that was before today... The time, 3 PM.  The place, a small side-street just off of Arrow Highway.  I was prepared for an uneventful but damp … (14 comments)

 

Tisza Major-Posner

DRE#01784679

Claremont, CA

More about me…

I.V.P.G. - Inland Valley Professional Group

Address: 555 N. Benson Avenue, Suite N, Upland, CA, 91786

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Mobile: (909) 837-8922



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