sunnyvale short sale specialist: Sunnyvale CA Foreclosure/Short Sale Roundup - 07/15/12 10:54 AM
  In Sunnyvale from Jan 1, 2012 until June 30, 2012 there were:
58 closed short sales
32 closed bank owned homes
Total sales during this time period were 447
Total % Short Sales: 12.9%
Total % REO Sales: 7.1%
Total Percentage  Sunnyvale Distressed Properties: 20%
20% of all Sunnyvale sales being distressed is enough to still have some effect on the overall market. However, 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 a long lived effect. It is interesting to … (0 comments)

sunnyvale short sale specialist: Reputation And Choosing a Realtor To List Your Sunnyvale Short Sale - 06/29/12 09:10 AM
In 2007 the Sunnyvale market was very competitive for buyers, especially for homes in the Cupertino School District. Many homes were getting multiple offers (like today) and nerves were often frayed (like today). I was working with a very nice couple who were looking for a single family home with Cupertino schools. They made several offers before one of their offers was finally accepted. 
One house came on the market in the Birdland neighborhood and the agent said we could submit an offer right away and she would present it to the seller. So my buyers wrote a very good offer … (0 comments)

sunnyvale short sale specialist: Sunnyvale Underwater Homeowners, Open Those Letters From Chase - 05/17/12 11:25 AM
Many homeowners who are having trouble paying their mortgages will stop opening their mail from the lender. It is understandable to feel, what is the point? I can't pay and nothing they say to me will change that. However, if your lender is Chase you may want to open that letter.
Chase is giving relocation assistance to some homeowners who are in default if they agree to short sell their home. The incentives can be anywhere from $2500 to $45,000. Not everyone will get this incentive, and there is no uniform way that these incentives will be offered. In other words, … (0 comments)

sunnyvale short sale specialist: New Listing: Sunnyvale Townhome For Sale - 05/16/12 01:31 PM
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sunnyvale short sale specialist: Sunnyvale Distressed Property Watch 2011 - 01/10/12 02:21 PM
It's the beginning of the year so time for the round-up of last year's distressed property sales in Sunnyvale. So here's what happened:
 
Single family and condo townhomes :
Total sales:  835
Short Sales: 111
REO:            73
Distressed sales as a percentage of total sales: 22%
Compare to 2010
Total sales:   849
Short Sales:   106
REO:            89
Distressed sales as a percentage of total sales:  23%
 
My conclusion:
The percentage of distressed properties in Sunnyvale is virtually the same in Sunnyvale between 2011 and 2010. This percentage is starting to … (1 comments)

sunnyvale short sale specialist: It's Almost Midnight For Sunnyvale Short Sale Federal Tax Debt Forgiveness - 11/21/11 04:13 PM
If you can not pay your mortgage you might want to do something about it sooner rather than later. Here's why:
1. The Mortgage Debt Relief Act of 2007 is set to expire at the end of 2012
2. This act says that if you sell your primary residence as a short sale or it is foreclosed then no federal tax is owned on the debt foregiveness, the difference between what you owe and what the bank was paid back after the short sale or foreclosure.
3. In 2013, unless the act is extended there will be taxes owned on homes … (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

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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


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