May 2012 Blog Posts (15)

The Real Estate Industry has taken a back seat!

What happened to the American Dream? Buying

a home is the American Dream. I'm disgusted by some

Asset Managers or Asset Manager Fakes. I recently saw

a Convention invite: Register now to be entered to REO

Listing Raffle. Is this a Game, or is this s Professional Industry?

Remember the days when Homeowners tried to talk us down our

Commission, or when we received a Low Ball Offers?



Receiving a REO… Continue

 

Here's my gripe...National Property Preservation Companies, a great concept if they hire the right local contractor, BUT when they don't it can be a nightmare. May I introduce some of my recent encounters?

John aka the drunk guy- He was supposed to meet me at a property to bid on some fire damage repair. He missed two appointments, and then…

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A veteran—whether Active Duty, Discharged, Retired, National Guard or Reserve—is someone who, at one point in his or her life, wrote a blank check payable to “The United States of America” for an amount of “up to and including my life”.

Our market remains dynamic!

A quick summary:

Our market continues on a very long, slow but steady improvement trend. By many measures this improvement trend began in 2009/2010.  See list to sold ratio charts, inventory charts, sales price charts etc.

As usual, the media is slow to recognize subtle changes and is just beginning to pick up on the accumulated improvement, adding positive influence to the difficult to measure but ever important perception…

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If you have a home loan through Bank of America and you are currently concerned about making your payments or your home is worth less than you owe, you may qualify for a short sale incentive from …

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If you receive a letter from Chase Bank stating that you are eligible for a short sale incentive, please do not throw it away. It is not a scam.…

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As a Menlo Park Short Sale Agent I get asked this a lot. My answer is a definitive sort of, especially if it is a Chase short sale. 

Here is how it may make a difference.

Some homeowners owe more on their homes than the home is worth,…

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The Wisconsin housing statistics are now in for April of 2012. Here is an excerpt from what the Wisconsin Realtors Association (WRA) had to say:
…

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Many homeowners who are having trouble paying their mortgages will stop opening their mail from the lender. It is understandable to feel, what is the point? I can't pay and nothing they say to me will change that. However, if your lender is Chase you may want to open that letter.

Chase is giving relocation assistance to some homeowners who are in default if they agree to short sell their…

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Short Sale Relocation Assistance Program:

Your clients could receive

$2,500 to $30,000 in relocation assistance 

Your financially distressed clients want to avoid foreclosure. You want to help them. So do we!

That's why Bank of America is excited to announce that for a limited time, we are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer…

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It is no secret Mountain View as well as most of the Silicon Valley is experiencing multiple offers on homes for sale. While this is great for sellers, it can be extremely frustrating for buyers, and their agents. After losing 5-10 homes a buyer will unquestionalbly start to doubt their agent. They may feel that their agent is doing something wrong and maybe it is time to find someone else.

Will this work? Maybe, but there are limits to what a…

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In the past I added Home Trust Nation to the "never pay" list. Now I would like to update. In March 2012 I was contacted by Brandi. She said she was going through some old files and wanted to make sure that I had been paid for my work. This was a pleasant surprise. She was very professional and apologized for the oversight. It appears that a former employee has incorrectly filed the orders. She sent me out a check with another email apology. I was happy, and told her no worries. I received…

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The landscape for short sales is changing. As the inventory of homes for sale stays at historically low levels all over Silicon Valley, short sales are gaining in popularity for buyers. Added to that is the fact that short sales, while not a sure thing, are getting approved at increasingly higher…

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Just got approval on another short sale in San Jose with Chase. They are getting to be one of my favorites!

This was not straight forward. Client lost his job and was not able to make payments. He tried a loan mod but did not qualify due to having too much in retirement account. Client is close to retiring.

Put condo on market and got 13 offers.…

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Please see photo below.  I am looking at buying this property.  Could you suggest what steps should be taken to ascertain how bad this problem may be.  My understanding is that the stucco mesh…"

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