mountain view short sale specialist: 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 short sale specialist: I Keep Losing Mountain View Multiple Offers, Should I Change Agents?
- 05/12/12 08:23 AM
It is no secret Mountain View as well as most of the Silicon Valley is experiencing multiple offers on homes for sale. While this is great for sellers, it can be extremely frustrating for buyers, and their agents. After losing 5-10 homes a buyer will unquestionalbly start to doubt their agent. They may feel that their agent is doing something wrong and maybe it is time to find someone else. Will this work? Maybe, but there are limits to what a Mountain View real estate agent can do. A lot of winning an offer is up to the buyer, so maybe (3 comments)
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 short sale specialist: Should You Start Your Mountain View Short Sale In December?
- 12/10/11 10:43 AM
Yes. You should start your short sale as soon as you decide this is the best option for you. Short sales are not for everyone, but if you have decided this is the way you want to go then do not let the holidays stop you. ther is a lot to do to acomplish your short sale so you should get started as soon as you make that decision. Here are some steps you need to take:
1. Find a real estate agent to help you who knows what he or she is doing. If the agent you would trust (0 comments)
mountain view short sale specialist: What is a Hardship in a Mountain View Short Sale?
- 10/02/11 05:24 PM
It is estimated that about 25% of home in the US are underwater, that is the owner owes more on the mortgage than the home is worth. So if the owner has to sell, they would have to either make up the difference or do a short sale. However, just being underwater is not enough reason for most banks to do a short sale. They want to know you have a hardship. what is a hardship? there are a number of reasons that banks will accept as a hardship. they basically want to know what has changed since you purchased the (4 comments)