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Marcy Moyer's Blog – November 2010 Archive (5)

Why Is A Palo Alto Escrow Like a Teen Romance?

The beginning of a Palo Alto escrow is like the beginning of a teenage romance, everything is perfect. You have found your soul mate and all promises are meant to be kept.  You never dream that your heart will ever be broken. It doesn't matter that one party is a jock and the other an intellectual, one is a Democrat and one a Republican, or one likes to…
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Added by Marcy Moyer on November 23, 2010 at 4:00pm — No Comments

Do You Care About Your Children?

I am not a lawyer or an accountant so please do not construe this as legal or tax advice. However, friends do not let friends leave their estates to probates, so let’s just say I am your friend.
 
Trust Sale in…
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Added by Marcy Moyer on November 21, 2010 at 4:00pm — No Comments

A Thank-you Goes a Long Way in a Sunnyvale REO

It is not easy to close a transaction, and an REO is no exception. In my area we do not have a lot of bank owned properties for sale. Even in 2009, when San Jose had a good number, the northern part of Santa Clara County had very few foreclosed homes as a percentage of listings, and newer, nice homes were even harder to find. In 2010 the REO inventory has been few and far between, so when a 4 year old home in the…

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Added by Marcy Moyer on November 20, 2010 at 9:26pm — 1 Comment

A $20 BPO, Really?

Bpo's have never been a big part of my business, but I have done 4-10 a month for the last year. For the first 9 months I only had orders from one Asset Management Company who can assign listings and one who assigned, but does not give out listings. They paid ok, but mostly I enjoyed doing them for the incredible education I received. Also, the Valuations analyst in the company that does assign listings are really nice!!!! Last summer I started getting orders from some other companies, which…

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Added by Marcy Moyer on November 9, 2010 at 10:30pm — 8 Comments

Trust and Probate Disclosures in Santa Clara and San Mateo Counties

When you sell or purchase a trust or probate sale, the disclosures are not the same as in a standard equity sale. The basic premise is that while the trustee or personal representative in the case of a probate does not fill out a Transfer Disclosure Statement or Seller's questionnaire, if that person knows anything about the house it needs to be disclosed.  It can go on a…

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Added by Marcy Moyer on November 6, 2010 at 4:00pm — No Comments

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