short sale: Can't believe that with Memorial day and all I couldn't get your offer accepted Mr. Veteran
- 06/01/10 10:47 AM
Your first thought is probably well did you have a good offer to begin with? The answer is YESSSS guaranteed! Mr. Veteran even agreed to pay for Lender required repairs if necessary, increased his deposit, agreed to the Bank's limited inspection and appraisal timeframes, and cross qualification, plus agreed to pay for all of his closing costs to get the Home for his family. The condition of the property on a scale from 1-10 was a 7 and I saw only one item that could get called by the appraiser and that was the covered patio that seemed to need replacement. The response I … (1 comments)
short sale: Don't just HOPE, KNOW!!!
- 03/03/09 02:04 PM
I will start by saying I consider myself a very positive person, but I will immediately stop hoping and start knowing. You see I was hoping that the recession would end this year, I was hoping that Obama would save us, I was hoping that the housing market would recooperate, I was hoping families wouldn't loose their homes, I was hoping, hoping, hoping. HOPE is a great thing it is described as a belief in a positive outcome related to events and circumstances in one's life. I say let's stop HOPing and begin knowing! WHAT???? you might ask..... well I know the recession will … (0 comments)
short sale: The HEAT around the corner! or (where have all the repo's gone?)
- 02/23/09 03:28 PM
I don't mean it's getting hot as in weather here in sunny California, what I mean is the amount of buyers around the corner when another low priced foreclosure hits the market. It almost felt like I had a sticker on the back of my car that read: "FOLLOW ME TO A LOW PRICED REPO!" What point am I trying to make you might ask? Well contrary to media reports I am going to go ahead and say that in my local market buyers are buying up all the repos like funnel cake! I mean we've got agents in my … (0 comments)
short sale: MY 2009 PREDICTION OF THE REAL ESTATE MARKET.........
- 01/13/09 05:30 PM
Remember this is only a prediction and nothing more, maybe we will look back at this and say ..... boy was that Benny Chavez guy off, or maybe boy was that Benny Chavez guy on the money! I will mention that I have taken plenty of real facts into account when deciding what I would predict would happen so here it goes: 2009 Will bring double the amount of forclosures than 2008 The amount of forclosures will make some markets drop price by 10% Interest rates will remain within 5 and 6 % till 2010 Many markets will have a … (2 comments)
short sale: Short Sale explained!!! To the best of my knowledge!!!
- 12/08/08 03:29 PM
When a homes value is less that the amount owed on a mortgage, and the home owner is late making payments on the mortgage, the bank will begin a forclosure process. If the home owner wishes to save his credit rating and avoid the forclosure, a real estate agent is hired to market the home for sale. Since the homes market value is less than the amount due on the mortgage, the agent begins a short sale process. Most often we need to stop the forclosure process so we price the home below market value to attract attention which in turn leads to offers on … (0 comments)
PRICES ARE LOW YOU CAN PICK AND CHOOSE FOR YOUR HOME GOOD LISTING AGENTS ARE PRICING HOMES USING BANK OWNED COMPS THE PRICES 90% OF THE TIME ARE RIGHT SELLERS KNOW IT'S A BUYERS MARKET AND ARE NEGOTIATING AGENTS ARE FOCUSING ON SERVING BUYERS BETTER THAN EVER THE MARKET IS PICKING UP AND YOU NEED TO GET WITH THE FLOW!! … (0 comments)
Your first thought is probably well did you have a good offer to begin with? The answer is YESSSS
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