banks: LAY DEPRESSED PRICES AT THE BANK'S THRESHOLD - 01/09/12 03:44 PM
We should be recovering quicker.  We have more buyers than properties to sell.  Interest rates are low.  There are still people out there with solid careers.  So, what's going on?
Back in "the day", sellers would set a price.  If buyers felt their price was fair, they would agree to sell the property at that price.  There may be a bit of negotiation, but ultimately, there would be established a fair market value.  What happened?
Sellers still ask a fair price.  Buyers are willing to pay when the price is fair.  They come to terms and escrow is opened.  Then, the … (2 comments)

banks: ONE WAY TO FILL THE QUOTA - 02/27/10 05:37 AM
The government has drawn a line in the sand...banks must mitigate a certain percentage of their loans.  It seems logical on the face of it, since it should help desperate homeowners stay in their homes, lessen the number of short sales and foreclosures and all-in-all, be a good thing.
However, the devil is in the details.  Did the government say which loans had to be mitigated?  Did it say which kind of property owners should be offered this wonderful possibility?  When working in such a vacuum, the translations of this requirement can be quite varied.
That is why, in the absence of details, … (5 comments)

banks: I KNOW BANKS CALL THE SHOTS BUT... - 02/26/10 05:23 PM
I will be the first to admit that I don't do a lot of foreclosures...in fact, I am in the middle of my first one.  No, I am NOT going to answer any questions on how in the world I have accomplished this remarkable feat!  Being a rookie at foreclosures, but not uninformed, there have been few surprises. The bank shortened up the removal of all contingencies to 10 days (and we all know how well the banks do at moving things along in a timely manner).  We had to promise that there would be world peace...okay, maybe not, but it felt … (8 comments)

 
Paula Swayne, Realtor-Land Park, East Sac & Curtis Park -Dunniga (Dunnigan, Realtors, Sacramento   (916) 425-9715) Rainmaker large

Paula Swayne

Realtor-Land Park, East Sac & Curtis Park -Dunniga

Sacramento, CA

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Dunnigan, Realtors, Sacramento (916) 425-9715

Address: 4215 Freeport Blvd, Sacramento, CA, 95822

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