menlo park reo: Menlo Park Ca REO/Short Sale Roundup - 07/08/12 12:59 PM
In Menlo Park from Jan 1, 2012 until June 30, 2012 there were:
9 closed short sales
9 closed bank owned homes
Total sales during this time period were 227
Total % Short Sales: 4%
Total % REO Sales: 4%
Total Percentage  Menlo Park Distressed Properties: 8%
8% of all Menlo Park sales being distressed is not enough to have any effect on the overall market. This is evidenced by the appreciation and high activity level of the market.
If you have any questions about short sales or foreclosures in San Mateo Clara County please feel free to contact me.
Marcy Moyer
Keller … (1 comments)

menlo park reo: Menlo Park Distressed Property Watch 2011 - 12/30/11 01:04 PM
It's the end of the year so time for the round-up of distressed property sales in Menlo Park. So here's what happened:
 
Single family and condo townhomes 2011:
Total sales:  451
Short Sales: 39
REO:           22
Distressed sales as a percentage of total sales: 13.5%
Compare to 2010
Total sales:   431
Short Sales:   28
REO:            29
Distressed sales as a percentage of total sales:  13.2%
 
My conclusion:
The percentage of distressed properties in Menlo Park are  very similar to 2010 at 13.2%, however, there is one big difference. In 2010 … (0 comments)

menlo park reo: Menlo Park Distressed Sales 2011 Jan-June - 07/06/11 04:06 PM

  It's time again. Curious about how many distressed properties there really are in Menlo Park?  Despite what you may be reading these are the homes for sale or sold on MLS as Short Sales or Bank Owned.
Sold: 
Short Sales: Single Family Homes  8
Short Sales: Townhome or condo:  1
Bank Owned: Single Family Homes  6
Bank Owned Townhomes or Condos  0
 
Active:
Short Sales:  Single Family Homes  3
Short Sales Townhomes or condos   1
Bank Owned Single Family Homes   3
Bank Owned Townhome or Condo    0
 
Pending Sales:
Short Sales: Single family homes … (0 comments)

menlo park reo: Will a Bank Lower the Price of an REO Home after inspections? - 03/13/11 12:56 PM
I got a call a few days ago from a buyer of a home in southern California. He made an all cash offer on a foreclosed property which was countered at a higher price because there was a second offer from and FHA buyer for more money. He agreed to the higher price and then did his inspections. there were a number of issues that made this buyer feel like he paid too much and wanted my advice about how to get the bank the lower the price. The FHA buyer was given back up position for the purchase of this … (8 comments)

menlo park reo: I See Dead People or Why Is A Probate or Trust Sale Like An REO? - 09/09/10 10:21 AM
    My sister in law as executor of the estate just sold my mother and father in law’s house.  She chose a realtor who lived in the neighborhood who also was an reo realtor without a lot of reo inventory right now. (Not an unusual situation)  She turned out to be the perfect agent for the job because of her REO background.  She took a home that was filled to the brim with things that no one in the family wanted, had it cleaned out, trashed out, secured,  on the market at an aggressive price, and sold in 2 weeks.  … (2 comments)

 
Marcy Moyer, Probate, Trust, and Investment Specialist (eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales) Rainmaker large

Marcy Moyer

Probate, Trust, and Investment Specialist

Mountain View, CA

More about me…

eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales

Address: 455 West Evelyn Avenue, Ste 1101, Mountain View, Ca, 94041

Office: (650) 619-9285

Mobile: (650) 619-9285

Email Me

Up to date information on real estate in the Silicon Valley and greater San Jose/San Francisco area. Contact Me Interested in selling your home? Contact me to get a professional estimate. Marcy Moyer Call: (650) 619-9285 My Palo Alto real estate listings Visit Short Sale Superstars


Listings

Links

Archives

RSS 2.0 Feed for this blog