REOPro - Real Estate Default Professionals

America's Largest Social Network for Default Real Estate Professionals

Marcy Moyer's Blog – July 2011 Archive (9)

Can A Bank Really Change The Locks On My Mountain View Home Listed At A Short Sale

Seems like a bizarre question doesn't it? Well guess what, it is not.  If you are selling your home as short sale the bank may have the right to send a property preservation company to the house and "secure it" if they feel the house is vacant and abandoned. But it is still my house, right?

Yes, it is still your house, even if you have stopped making payments, but here is the catch. Many loans contain clauses that say…

Continue

Added by Marcy Moyer on July 24, 2011 at 10:31pm — No Comments

Great News For Silicon Valley Short Sale Sellers!

A few days ago short sale sellers in California got great news!  Governor Brown signed a bill which prohibits lenders and investors of junior loans to pursue a deficiency judgment on most approved short sales.  First lien holders are already prohibited from deficiency judgments, but second mortgages and HELOCS were not previously exempted. As of July 15th, they are included. So, if a bank approves your short sale, then they…

Continue

Added by Marcy Moyer on July 17, 2011 at 3:24pm — No Comments

Buyers of Mountain View Ca Short Sales Should Not Buy Furniture From The Seller

When a buyer makes an offer on a Mountain View, or any Silicon Valley Short Sale they ocassionally want to purchase some of the furniture in the house.  Sometimes there is a couch that fits perfectly in the family room, or a dining room table that is too big for the seller's new house and they want to sell it. It's ok to do that, right?

NO NO NO NO NO!!!!!!!

Should I say it again?  Ok, NO DO NOT DO…

Continue

Added by Marcy Moyer on July 13, 2011 at 5:23pm — No Comments

My Son is on Cash Cab Wed July 13th at 6:30

Set your DVRs! My son Dan and 3 other members of his theatre company www.shelbycompany.org are going to be on Cash Cab NY.  It was filmed last fall but finally will air tomorrow.  This is a not to missed show. I promise you all a great time.

It comes on at 6:30 on the east coast. Direct TV will show it at 3:30 and 6:30 on the west coast.

 

It is on the Discovery Channel for those of you living under a rock and have never heard…

Continue

Added by Marcy Moyer on July 12, 2011 at 6:32pm — 2 Comments

What to Do If Credit Report Shows Foreclosure Instead of a Silicon Valley Short Sale

Credit reports frequently have mistakes. Very often consumers are not aware of these mistakes until they are trying to obtain credit for a large purchase like a home or car.  There is a process for rectifying credit mistakes, but it can…

Continue

Added by Marcy Moyer on July 10, 2011 at 1:42pm — No Comments

Menlo Park Distressed Property Sale Update 2011 Jan-June

 

 

It's time again. Curious about how many distressed properties there really are in Menlo Park?  Despite what you may be reading these are the homes for sale or sold on MLS as…

Continue

Added by Marcy Moyer on July 6, 2011 at 10:33pm — No Comments

Menlo Park Distressed Property Sale Update 2011 Jan-June

 

 

It's time again. Curious about how many distressed properties there really are in Menlo Park?  Despite what you may be reading these are the homes for sale or sold on MLS as…

Continue

Added by Marcy Moyer on July 6, 2011 at 10:33pm — No Comments

Menlo Park Condo Short Sale: Get Those HOA Dues Paid

Right now it is estimated that nationally 1 in 4 homeowners owes more on their mortgage than their home is worth. You may be be one of those homeowners.  While not everyone who owes more money than their home is worth is going to sell that home, if they do, it will have to go through the short sale process. If you decide that a short sale is the best option for your circumstances be sure and check with a lawyer and/or…

Continue

Added by Marcy Moyer on July 5, 2011 at 2:04pm — No Comments

Palo Alto Distressed Property Update 2011 Jan-June

It's time again. Curious about how many distressed properties there really are in Palo Alto?  Despite what you may be reading these are the homes for sale or sold on MLS as Short Sales or Bank Owned.

Sold: 

Short Sales: Single Family Homes  3

Short Sales: Townhome or condo:…

Continue

Added by Marcy Moyer on July 5, 2011 at 11:59am — No Comments

© 2020   Created by Jesus (Jesse) Gonzalez.   Powered by

Badges  |  Report an Issue  |  Terms of Service