elk grove: Rising Home Prices Say It's a Great Time to Sell
- 07/03/13 05:27 PM
Home values in the Sacramento area, including Elk Grove, Rancho Cordova, Roseville, Carmichael, Citrus Heights, Galt, Roseville, Rocklin, El Dorado Hills, Fair Oaks, Carmichael, and West Sacramento are shooting sky high. Some areas are experiencing market appreciation spikes of up to 36% over the past 12 months! How do I know? As a Certified Real Estate Pricing Specialist, I am called upon by financial institutions to prepare broker price opinions (BPO), a report somewhere between a CMA (comparative market analysis) and an appraisal. I have been performing BPO's for over 3 years and the growth I've seen is mind-boggling! Why the jump? Low … (0 comments)
elk grove: Finally, Short Sales Approval Decisions in 21 Days!
- 09/17/09 12:20 PM
Governor Schwarzenegger has recently signed SB 306, which mandates lenders and loan servicing companies to respond in writing to short sale payoff requests within 21 days of receiving it. This law will be effective on January 1, 2010 in California. Wachovia Bank is ahead of the game and has already streamlined their short sale approval process -sometimes providing the short pay statements on the spot! If the lender's short-pay statement requires approval of the settlement statement or HUD-1, which is prepared by an escrow officer, the lender must provide the payoff demand statement or rejection letter no later than four days after receiving that … (5 comments)
Home values in the Sacramento area, including Elk Grove, Rancho Cordova, Roseville, Carmichael, Citrus Heights, Galt, Roseville, Rocklin, El Dorado Hills, Fair Oaks, Carmichael, and West Sacramento are shooting sky high. Some areas are experiencing market appreciation spikes of up to 36% over the past 12 months! How do I know? As a Certified Real Estate Pricing Specialist, I am called upon by financial institutions to prepare broker price opinions (BPO), a report somewhere between a CMA (comparative market analysis) and an appraisal. I have been performing BPO's for over 3 years and the growth I've seen is mind-boggling!
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