I swear, some transactions just come in under the wire. No matter how many precautions you take, and no matter how many times you try to anticipate what could go wrong and fix it before it does, something always happens. After finally receiving the short-sale approval letter, I sent it to escrow
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03/31/2008
I just about fainted this morning when Tony called me from Bank of America. He found the misplaced paperwork. He said the short sale has been approved. He went on to say he is handling 400 files and is swamped. He also said he had the option of approving a lower commission, but he approved the hi
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03/24/2008
I have a seller who wants to pay Bank of America the shortfall difference on a short sale, but B of A says let it go to foreclosure. We don't have time to talk about it. I realize that many agents are struggling with short sales right now. Because the system is screwed up, and some banks in parti
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03/22/2008
I ask because it seems I end up destroying buying a new keyboard every year. I can't believe it myself. I'm such a slob that I continually ruin keyboards. I know that electronics and moisture don't see eye-to-eye, yet I keep hosing my keyboards. Is there no hope? Am I the only one? There are a va
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03/18/2008
Buyer rebates are a complex and easily misunderstood aspect of some real estate transactions. Some buyers believe that agents routinely kickback part of their commission to the buyer, but the bulk of agents do not.There are situations that arise in a transaction, however, that make a credit neces
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03/17/2008
I can't believe this. Look at that upward spiral for February. The pending sales in Sacramento are moving up. Inventory is reducing.Investors are coming back into the market, but they are always the first to recognize market conditions and act on them, way before home buyers figure it out.I was h
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03/14/2008
I want you to know that I don't often hold a hammer in this manner. My husband shot this photo toward the end of a long day when I wasn't paying attention to what he was doing; I just wanted to be finished hammering nails into the my new garage framing. He wasn't too pleased when I suggested we b
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03/14/2008
I want you to know that I don't often hold a hammer in this manner. My husband shot this photo toward the end of a long day when I wasn't paying attention to what he was doing; I just wanted to be finished hammering nails into the my new garage framing. He wasn't too pleased when I suggested we b
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03/14/2008
On the topic of crooks, I have noticed that certain Web sites, one of which is realestatepick.com, has been swiping blogs from Active Rain and posting them online. They do this because they receive revenue from selling advertising on their site.For some reason, the pictures are not transferring,
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03/13/2008
In early February, I warned you about a scam involving Craigs list. That scam seems to have reached epic proportions, since it's all over the Internet now. Several agents at my company have also had their identity stolen in this manner. Well, just today I received my credit card statement. There
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03/12/2008