Tag Archive: Short Sale

Scammers Trying to Cash In….Renters Beware!

Sacramento Home Sellers, this will effect you more than buyers. And any renters that might be traveling these pages, should really dial in. I have, over the past few months, fielded phone calls from folks wanting to know ‘how much my listing on yadda yadda street is renting for?’ Well, sorry, but that home is…

How Many Offers Does A Seller Need? Jeez?

This is a quick follow up to my post from the other day regarding a Short Sale listing with 26 OFFERS! — I will be brief, as this is a true “nuff said” kinda deal–The other day I toured a Short Sale home in Elk Grove with some home buyers. There were about a dozen potential buyers…

Banks Can Be Wrong With A Low Valuation.

I’ve seen both sides now…those were song lyrics from the 60’s, but can’t think of the artist.  Anyone? In the last 45 days, I’ve had the same buyer in situations where the lien holder was out of their mind on a short sale home value. The first home–a condo–had a poor valuation done by a…

When Is A Rehab Not a Rehab?

Out touring property a couple of days ago and couldn’t wait to get to the computer and vent!! Then got busy writing offers, so venting had to take a back seat….until now. The photos on Metrolist looked REALLLLY good. Cherry cabinets, tile floors, nice trim and casing. But, when we got to the house and…

Sacramento Short Sales Still a Mess–And Everywhere Else Too

Often times I wonder ‘what could there possibly be to write about today?’, and then along comes Mary!  And I hesitate to write too much negative info, because I don’t want to discourage you from doing a Short Sale, it is still far better for you Mr. or Mrs. or Ms. Seller, to go thru…

Short Sales. Hrrrrmph.

Oh my, here we are in the first week of July 2012. I remember back in January, feeling like a kid on the way to Disneyland–summer was coming!! So glad to be here.  Hope you are enjoying your summer too. I live within walking distance to The American River entrance, and lots of passers by…

OH MY GOSH! My IPAD Was Stolen By a Buyer!

Actually, this is a cute story, and no, my IPAD was not stolen. I’ve a short sale in Sacramento listed and under contract.  That took a quick 7 days with multiple offers–don’t forget, there are lots of home buyers right now!  About a week after the home went into contract, Mrs. Seller texts me that…

Sacramento Real Estate-Stats 1st Quarter 2012

I try to post stats for the Sacramento Real Estate market at the end of each quarter. Maybe there will be tidbit of info you will find interesting, or you can bring to work with you and talk about the market and impress your friends! If you want info you don’t see here,  shoot me…

HARP Set To Roll Out Refinancing For Underwater Homeowners

Loan Modification? Short Sale? Walk Away and Foreclose? Let me ask you a question, or two–if you had paid $100,000 for your home in 2004, and by 2008, it was worth $200,000, would you allow your lender to re-write your loan to a value of $200,000 and raise your monthly payments accordingly? If the last…

Short Sale Hardships Come In Many Shapes And Forms

Nadine’s hardship story is probably similar to many people’s story, so I hope it illustrates that checking with a qualified Realtor is the best way to establish whether you have potential opportunities to do a short sale. Nadine is self employed and when business was great, she was not only able to purchase a home,…