mountain view reo: Mountain View Ca Short Sale/Foreclosure Update - 07/27/12 07:30 AM
In Mountain View from Jan 1, 2012 until June 30, 2012 there were:
16 closed short sales
22 closed bank owned homes
Total sales during this time period were 349
Total % Short Sales: 4.58%
Total % REO Sales: 6 %
Total Percentage  Mountain View Distressed Properties: 10.58%
10.58% of all Mountain View sales being distressed is not enough to have a major effect on the overall market. Additionally, as inventory is still so low unless these homes are truly physically distressed, which is more common with bank owned homes at this level, it probably will not have much effect at all. Ther are … (0 comments)

mountain view reo: Mountain View Distressed Property Watch 2011 - 01/08/12 03:09 PM
It's the end of the year so time for the round-up of distressed property sales in Mountain View. So here's what happened:
 
Single family and condo townhomes :
Total sales:  563
Short Sales: 62
REO:           34
Distressed sales as a percentage of total sales: 17%
Compare to 2010
Total sales:   572
Short Sales:   50
REO:            34
Distressed sales as a percentage of total sales:  15.5%
 
My conclusion:
The percentage of distressed properties in Mountain View is a higher in 2011, 17% as compared to 2010, 15.5% but the majority of … (0 comments)

mountain view 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)

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

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

Visit Short Sale Superstars


Listings

Links

Archives

RSS 2.0 Feed for this blog