sunnyvale short sales: 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 sales: 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 sales: 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)

sunnyvale short sales: I Want to Short Sell My Sunnyvale Home, Now What? - 08/31/11 10:42 AM
If you find yourself in the position of having to sell your home and it is not worth as much as you owe, you may be wondering what you should do. I am assuming here that you have either been turned down for a loan modification or have to move because of divorce, job transfer, or other circumstance.
So you have to sell. Here is what you should do.
FIND A REALTOR
1.  You can not do this on your own. The banks will want the home to be extensively marketed and you can not do that as a FSBO. Since … (0 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