Pacita's Quick Bytes of Real Estate

By
Real Estate Agent - Alain Pinel - BRE 01367196
A REALTOR's perspective on events that shape and affect the real estate market.

ARCHIVED BLOG POSTS

2008 

A  prospective client/seller (and ex-realtor) decided to sell his duplex himself and posted his ad on craigslist. He called to let me know that he accepted an offer from a woman who brought her contractor to look at the property. The seller said it's one of the craziest offers he's ever seen (but...
04/29/2008
I submitted an offer on a short sale listing last week. When I followed up with the agent on the seller response, she told me that she received four offers and that she sent them directly to the lender for approval. No written response (acceptance, counter or rejection) from the seller.Is this ri...
04/28/2008
Life is a BEACH!Location: Alameda, CABeach Resort lifestyle at The Willows, one of the most exciting and desirable condominium complexes in sunny Alameda. Steps to the beach, and next door to thriving Alameda Town Center. Go Green and walk everywhere ---- to the beach, the the shops and restauran...
04/27/2008
I was posting my newest listing on my website powered by Point2Agent, and couldn't figure out why every time I try to save and exit, it stops responding. I restarted at least a couple of times, and thought perhaps it's my computer (again!).After several tries, I checked the Help info, and lo and ...
04/26/2008
As of today, in our local MLS. there are 12,041 active listings of which 2636 are REO (bank-owned) or 22%, and 2852 are short sales or 24%.Siince January 1, 2008, 1151 REOs closed, compared to 102 short sales. Because of the painfully slow process of getting an acceptance, rejection or counteroff...
04/25/2008
We are having such a lively discussion at our office, and there were very strong opinions expressed.One of the scenarios: there is an accepted offer on your short sale listing, but the lender hasn't accepted yet. Then more offers come in. You can take one or two in back up position, and you can/m...
04/22/2008
To get a sense of the ongoing debate between buyers and renters, how the public sees realtors, where people think the market is going....Check out the discussion forums on real estate. Sometimes, the posts are really quite educational and entertaining. Other times, it can get real ugly. The realt...
04/21/2008
There seems to be a disagreement about when to deposit the buyer's initial deposit check. Some say within three days after the contract is signed and accepted by the seller since that is when the contract is considered ratified. Some MLS rules also will state that within 24 hours of acceptance by...
04/21/2008
Often asked questions by agents about short salesAs more and more of us are finding ourselves challenged by listing and writing offers on short sales, my broker says he is asked three questions the most. I'd like to share what he said because I thought he gave very good advice. "How come I'm spen...
04/17/2008
Alameda truly is a beautiful island city. It's our slice of paradise on the San Francisco Bay between San Francisoc and Oakland. Close enough to the City hubs, but far enough from the hubbub. Having lived in so many cities in New York, New Jersey, Florida, Texas and California, I consider it a bl...
04/13/2008
Rainmaker
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Pacita Dimacali

Alameda/Contra Costa Counties CA
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