postpone auction: I'll Throw a Coin on the Pile for Yanking that Bank of America Short Sale Out of an Auction and Raise You One
- 10/25/11 02:51 AM
I'm such a nerd that I routinely read Notice of Default reports. I periodically check the records to make sure that none of my Sacramento short sale listings is headed for auction. I'm not gonna be that Sacramento short sale agent caught with my pants down who gets a call from the REO agent asking if he can take my key out of the lockbox. It's been a long time since I've had a short sale go to foreclosure. My short sales tend to close. I monitor not only my active short sale listings but also the active short contingent and … (6 comments)
postpone auction: If You Don't Give a Crap About Selling Your Home, Why Do I Care About It?
- 10/24/11 02:04 AM
Emergency listings. As a Sacramento short sale agent, sometimes I get phone calls from sellers who need me to take what I call an emergency listing. These are the listings that can't wait. These sellers are begging me to come over RIGHT NOW if I can but no later than tomorrow. With my schedule, that's not always possible, but I do try to shuffle appointments to accommodate a crisis. Then, when I get there, the first sign of trouble that I see are cars parked in the driveway. Surely, they must figure that I will take a photo of their home. … (2 comments)
postpone auction: Fannie Mae Will Send Your Home to Foreclosure Instead of Granting a Short Sale
- 08/24/11 02:51 AM
You can hire the wrong short sale agent. Especially in Sacramento where lots of agents are jumping on the short sale bandwagon. If you do, Fannie Mae will send your home to foreclosure instead of granting a short sale. It's the way of Fannie Mae. But first, let me share with you that a client said the nicest thing to me yesterday. Really touched my heart. We closed his short sale in Gold River in 8 calendar days. Actually, we closed one day early, because we were up against the sale date and there was no way to postpone the auction. … (8 comments)
postpone auction: Fannie Mae Will Rarely Postpone an Auction for a Fannie Mae Short Sale
- 08/17/11 03:02 AM
If I hear the term "our mutual client" one more time, I'm gonna puke. OK, not really. But you know the sentiment. I get a lot of mortgage loan officers bugging me because I sometimes suggest that buyers start the loan process prior to approval. The horrors. I do this so the buyers can close. That's because short sale banks and mortgage loan officers are rarely in sync. The banks give us shortened periods of time in which to close, and mortgage loan officers tend to want a minimum of 30 to 45 days. We can't always get a short sale … (10 comments)
postpone auction: Short Sale Extensions, Postponing an Auction, and Goldilocks and the Three Bears
- 06/30/11 03:18 AM
I've got news for all you fans of Goldilocks and the Three Bears. We've been lied to all these years. We, as busy people, tend to take whatever has been shoveled our direction as the truth -- like FOX News -- without ever thinking about it. With Goldilocks, what you have here are 3 hungry bears who went for a walk in the woods. They come home to find out a stranger has a) broken into their house, b) eaten all of their food, c) broken their furniture and d) a little defenseless girl with a bloated stomach is sleeping right … (7 comments)
postpone auction: Here is the Time Period for a Foreclosure in California
- 08/01/10 02:57 AM
Sacramento short sales can sound as confusing to people as participating in a four-way traffic stop in Davis, California. They don't know what to do. Especially when a seller receives a foreclosure notice such as a Notice of Default. One of my sellers sent me an email yesterday, sounding very panicked. She was concerned that she no longer could sell her home as a short sale "to that guy." The reason? She received a letter from her lender telling her that if she did not make a payment by August, her home would go into foreclosure. I'm figuring that regardless of … (12 comments)
postpone auction: Fannie Mae Pushes Short Sale Sellers into Default, Gets Bonus Pay and Bailout Relief
- 01/01/10 01:33 AM
I received a phone call from a short sale seller in Michigan yesterday. He found me through an Active Rain blog about Fannie Mae short sales, and how Fannie Mae is insisting that my Sacramento short sale sellers who are current on their payments go into default before Fannie Mae will approve a short sale. The caller said his short sale was denied by Fannie Mae because he was current. To qualify for the short sale, he was instructed to stop making his mortgage payments and go into foreclosure. The seller was devastated. Don't blame him for being angry. This is … (18 comments)
Broker-Associate at RE/MAX Gold, Midtown and Sierra Oaks Sacramento office. Co-partner Weintraub & Wallace Realtors. Selling since 1974. Homebuying expert at The Balance. Weintraub & Wallace sells homes from Galt to Lincoln. <
Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying expert for The Balance, a Land Park resident, who specializes not only in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento but sells extensively from Elk Grove to Lincoln. Weintraub is prominently known as the #1 Sacramento Short Sale agent throughout the Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 40+ years of real estate experience to work for you.
I'm such a nerd that I routinely read Notice of Default reports. I periodically check the records to make sure that none of my Sacramento short sale listings is headed for auction. I'm not gonna be that Sacramento short sale agent caught with my pants down who gets a call from the REO agent asking if he can take my key out of the lockbox. It's been a long time since I've had a short sale go to foreclosure. My short sales tend to close.
;)
;)
;)
