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

2010 

Why not? In my neck of the woods, it's a seller's market. Inventories are low. Buyers are actively looking. Multiple offers are fairly common because there are fewer properties to show. Agents who want to use the old-fashioned (and in our area, fairly effective) way of getting prospective clients...
02/25/2010
The last couple of days, I had two accepted offers on REO properties. And both times, the request came back that the bank won't accept digital signatures.   Buyer's bank, Bank of America, wants "wet" signatures. The buyer is putting down 20%. It's not an FHA loan. But they want wet signatures on ...
02/24/2010
During a panel discussion consisting of representatives from different lending institutions, one of our presenters prepared and shared this matrix regarding FHA. What many didn't know, and it should be shared with potential buyers, is that an FHA loan is assumable. That alone is a HUGE benefit fa...
02/24/2010
When the deals get complicated and challenging, we extol the benefit of dealing with an experienced agent. However, let's keep in mind that we were all at a point when we had absolutely NO experience and very little knowledge. But we all managed to rise about that challenge. How did we do it, and...
02/22/2010
This is hairy. By the time I received a call about a potential short sale listing, the seller has already received a Notice of trustee sale in 3 weeks. The seller's daughter had tried for 6 months to get ther loan modified, but it wasn't until Dec 31 2009 that they were told their applicatoin was...
02/18/2010
Agents: please remember that how you behave towards other agents, how you treat clients, whether they're yours or someone else's, reflects on ALL of us in this profession. These last few days, I saw where some agents behaved very badly or didn't handle their responsibilities well. Fortunately, th...
02/17/2010
Some property owners attempt to do loan modifications on their own. We already know this isn't easy. The property owners are already in an unhappy frame of mind, and in their distress and confusion, may not be doing the loan modification correctly. Or maybe they didn't reach the right parties. By...
02/16/2010
$375,000.00 - ON THE WATERFRONT. Largest model at The EstuaryLocation: The EstuaryFabulous water views of the Oakland/Alameda Estuary from this waterfront townhouse. Largest model with 1993 sq ft, in this complex aptly named "The Estuary", is one of premium units facing the water and the park-lik...
02/07/2010
In case the buyer is on the fence, and not sure whether or not to jump in and buy now or later Here's something to think about (Source: Steve Harney's Keeping Current Matters) Know What the Experts are Predicting for Interest Rates in 2010 If we look past just the price of a home, we know that th...
02/01/2010
Rainmaker
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Pacita Dimacali

Alameda/Contra Costa Counties CA
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