Need Short Sale Advice…Before You List The Home
Did you know that Real Estate Agents do not get paid for their services if the "deal" or "transaction" or "Sale" does not happen? You ask...so...why do I care? I believe it's important for you to understand, we all have a job to do and at the end of that job we need...
Stuff….When You Short Sale….YARD SALE!
Being in the business of helping homeowners who need or want to sell has opened up a whole new world for me in respect to being attached to "Stuff".........I see it every day, people renting storage units for a couple hundred or more a month to store all that "Stuff"!...
JP Morgan Chase Bank Offering Big Rewards to Sellers That Short Sale -vs- Foreclosure
Today... We've been wondering when this would be exposed... Chase has been awarding it's sellers that choose a Short Sale a hefty bonus for a succesful close...up to $35,000. Many banks offer incentives, however, most are in the realm of $3000. We have experienced...
Is Any News Good News….Short Sales More Foreclosures….New Beginnings!
My grandmother used to say "The only thing on the news these days is Bad News" that was nearly 40 years ago...She refused to watch the evening news as she grew older. I understand now what she was doing, and why. Although the negative then was not as Epic as the...
Should I Short Sell or Foreclose?
We still get asked this frequently. In today's market, the short sale is widely accepted and looked at favorably by the banking industry. Why? Simply said, banks net more money from a short sale on average than they do an foreclosures...as much as 15 % more. The cost...
When a Loan Modification won't help you keep your home….
If your reading this blog, chances are you have tried a loan modification and found that the terms offered to you by your lender are not going to do enough to allow you to keep your home. Let's face it, the hype of loan modifications gave us all hope in some...
Loan Modifications are Granted…Not Negotiated
After dozens of submissions for Loan Modifications for our friends and family...as well as our clients, we can confirm this.... In our experience, a loan modification is either Granted or Denied. The terms of the loan modification are solely up to the servicer....
Facing The Giants
This is a great motivational video...a short 6 minutes...but praiseworthy. As agents we're faced with "Peaks and Valleys." It's how you address the steep climbs when your in the valley's that tests our reserve. Challenge yourself to go the extra mile. Be a leader. By...
Home Wrecker!
Victorville, CA... Kim and I have 2 short sale listings next to this catastrophe'. Price drops have hit as much as 65% from their 2006 highs. Despite the rhetoric coming from Washington's talking heads, we still have 2 to 4 years of this devastation left in the So Cal...
Bank of America Easing Short Sale Policy
In an article released today, Bank of America is easing their policy to accept no less than 10% on HELOCs and 2nd mortgages. The new policy is reducing the payoff amount to 5% for a short sale. A majority (77%) of California foreclosures carry HELOCs and 2nd...
California Defaults Reach Record High
According to MDA Datequick statistics (Monitors Real Estate Activity), 135,431 NOD's sent to California homeowners in 1st quarter of 2009...up 80 percent from 4th quarter 2008. What changed? Banks sat on their hands while the government restricted foreclosures with...
Loan Modification Not Working?
Wish we could say that was a unique situation, but in California most loan modifications are not working! If you've been down that path and now realize that keeping the property is not an option, call us. Don't just walk away from that property and give it back to the...
Are You Hungry? Watch This and Think of Yourself Blessed!
View this movie at cultureunplugged.com
Just posted on ActiveRain: Rea…
Just posted on ActiveRain: Real Estate Short Sale Myths Video Series #1 http://activerain.com/t/1009652