August 2012 Blog Posts (23)

Lots of great information brought to you by the humble crew at Stewart Title of Spokane.  The distressed home market is trending down, the apartment boom may be ending, and check out the two good homebuyer articles at the bottom.  Plus today you get bonus reader feedback!  Thanks for reading and feel free to forward to a…

5 Ways to Spot a Home with Hidden…

Blossom Valley is a hot bed of short sales. It is one of the neighborhoods in the Silicon Valley that has not gone back to the values of 2007-2008. So many of the homes for sale right now are being sold as short sales since the owners have negative equity in their homes.

There are currently 196 pending homes listed as…

You’ll find some great reading this morning including Ted Jones’ view of real estate investing in college towns, a couple of good articles on the effect of short sales on home prices and the overall market, and a warning on the coming fiscal cliff from the Washington Post.  The article that most surprised…

Well, so far just not impressed with Titanium Solutions and working as an HRC (Home Retention Consultant). For the same money I could do one BPO and not be saddled with:

Initial fear of going to property

Repeated trips to property (they require minimum of 3 attempts and one has to be on a weekend)

Paperwork--since when were Realtors ever good with paperwork?

Trying to communicate with Titanium--often takes many calls and e-mails, and then when they do return, their English…

Thanks for the short sale lead capture ideas. My husband & I are on track to complete 8 short sale sides this year, last year we did 4 sides.

ShortSales are definately a bear. However, one Seller told us that he loved us. That made us feel good.  He's had a bad time of it. Still we did not give up on him (like his parents, x wife, kids and previous employer). We invited him into our kitchen and just listened, numerous times. This sale is scheduled to close next week after being on…

In today's news you'll read that Zillow shows July real estate sales up, the wealthy are now turning toward investing in real estate funds, things to consider when refinancing a vacation home, applying the serenity prayer to real estate, and more.…

Working with Non-Profits to Generate Short Sale Leads.

After my last two blogs.... (See Links Below)....

http://reopro.ning.com/profiles/blogs/the-liability-of-a-preferred-short-sale-agent

http://reopro.ning.com/profiles/blogs/the-short-sale-tsunami

I had a couple request for some more…

The Short Sale Tsunami.

If you have been waiting for the REO Tsunami since 2008 - 2009 but have been a little down that no "Tsunami" ever surfaced...well, you're not alone. In fact, many of us (Experienced REO Agents) would say it's not a Tsunami we are waiting for, it's the end of the REO Drought that we are hoping for.

Well, I wrote a blog yesterday about some chatter I have been hearing about banks wanting to create a preferred short sale agent list and don't exactly know…

The Liability of a Preferred Short Sale Agent.

I had a conversation with a friend and colleague today that I want to share with you. As always, all of my conversations are confidential so, the names and vital details will be changed in order to protect the identity of everyone involved....except myself, of course.

So, she calls me up to tell me that she has been speaking with executives from the top banks, GSE's and largest default real estate portfolios holders in the country…

In this post, I’ll take on the topic of using telemarketing as a channel to reach out to homeowners 30, 60, or 90+ days late on their mortgage payment.

Many marketers prefer to make contact with distressed homeowners over the phone, but in my view, that’s analogous to calling up a stranger and asking them…

Paying for "leads" is ineffective in our view, and not a judicious use of your time or money. That may be a stark statement coming from a leads provider, right? Why would a leads provider tell agents not to pay for leads? The answer is we do not provide leads. We provide data, and there is a huge difference. You can pay a lot of money to a leads provider and leave the results…

With REO's on the decline, or at least reaching a plateau, many agents are migrating to short sales in order to fill their pipeline of listings, and the transition can be challenging. While many agents are loathe to embrace short sales, they are a necessary evil in today's market. As illustrated in the classic "Who Moved My Cheese" tail of Sniff, Scurry, Hem and Haw, when…

www.lehighvalleyshortsalerealtor.com

Carl SanFilippo

(888) 445-8880

Short sales have been helping homeowners dodging foreclosure since the housing market began taking its fall back in 2007. Short sales are becoming popular because of the minimum impact it has on a homeowner’s credit. A foreclosure makes it almost impossible to be qualified for a loan for seven years, while a short sale can recover in as…

Call Carl SanFilippo (888) 445-8880 for a FREE AND CONFIDENTIAL phone consultation.

Short Sale Versus Foreclosure – which should I do?

Getting fired from your job usually means the power source of income is cut off, and being of the first things to get sidelined when this occurs are mortgage payments. Paying for a house to live in might come off to be a little costly especially if you can just opt to rent an apartment. While it is easier to just walk away from your…

Top 10 Reasons to Sell Your Assets Using Real Estate Auctions.com

1. Buyers are fully qualified before auction day and most are cash buyers.

2. Low marketing fees for seller and commissions’ are paid by buyers!

3. Sell your assets "AS IS" with all inspections completed PRIOR to auction day.

4. Sell multiple properties in 1 day. ( Online biding will be available in 2013)

5. Your properties will be directly marketed to our networks of developers,…

In Los Altos from Jan 1, 2012 until June 30, 2012 there were:

3 closed short sales

3 closed bank owned homes

Total sales during this time period were 192

Total % Short Sales:…

In Los Altos Hills from Jan 1, 2012 until June 30, 2012 there were:

1 closed short sales

0 closed bank owned homes

Total sales during this time period were 45

Total % Short Sales:…

Unemployment Rises and Hopes of a Wide Spread Housing Recovery Begin Falling.

Many of you have been hearing that in some areas of the country, home prices are rising and sales are starting to recover however, it has been my argument that with an unemployment rate above 8%, this recovery is a false recovery brought on by REOs being held off the market for political gain.

A 8.3% unemployment puts us back in the unemployment numbers of February of 2009, per the Bureau or Labor…

CALL LEHIGH VALLEY SHORT SALE SPECIALIST CARL SANFILIPPO (888) 445-8880 FOR A FREE PHONE CONSULTATION!

A good Lehigh Valley short sale agent will maintain consistent contact with you and your lender making sure that everyone is still in the loop about the short sale process on account that they have been known to take some time to complete. Honesty with your agent going a long way, and could potentially help your short sale process speed up…