realtor: How to Buy a Short Sale House - San Jacinto, CA
- 10/11/09 02:09 PM
It is true that the Active Listings in the MLS are dominated by Short Sales listings these days and on the surface they appear to be some really great deals. However, just like your Highs School Prom Queen, looks can be deceiving (my apologies to all the H.S. Prom Queens who read this...and their Kings...and the rest of the Court, as well). Short Sale homes are typically are a better buying decision for an investor looking for investment property than for a first time homebuyer. It still continues to amaze me when a first time homebuyer that is in a rush (1 comments)
realtor: <> CAUTION: GRAPHIC PHOTOS Dream Home or Nightmare?
- 07/30/07 06:33 PM
Dream Home or Nightmare?by John Occhi, Hemet REALTORMission Grove RealtyWorking with a lot of Short Sale and REO properties there is always the risk of a health hazard when entering a vacant home for the first time. You just never know what you might find.
Have you ever opened a refrigerator in July after the electricity has been turned off for a week? How about if it was stocked with opened dairy products? Maybe a few meat products? Some decaying vegetation of some sort? Not to mention all the fuzzy green and white stuff that seems to be growing everywhere...? If you (10 comments)
realtor: Loss Mitigator - The Critical Link to a Successful Short Sale
- 07/01/07 06:01 PM
Loss Mitigator - The Critical Link to a Successful Short Saleby John Occhi REALTORRealtor Consultant to Foreclosure Investors If you are going to be a successful Short Sale investor then the most important relationship you can develop is not with the homeowner or the REALTOR representing them - although both are critical. No, you have to learn how to get along with the Loss Mitigator employed by the mortgage lender holding the delinquent note. Not only do you have to get along with them, you have to get into their head and understand their strengths and weaknesses - similar to a chess (5 comments)