... or shall I say, how Freddie Mac (and Bank of America) is sending a house on the road to foreclosure on purpose? Yes, I said it. I have a condo listed since November. We started high based on previous sales in the complex, and later dropped the price according to the market conditions, tren
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03/21/2011
We all celebrated the new HAFA short sale months ago when it was introduced, as with many programs, it sounded good at the time. Of course I'd say we all had reservations knowing how anything the government had their hands in was going to be doomed... The reality is that I remained optimistic as
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03/06/2011
This has been a topic on my mind for a while. I have been 'specializing' in short sales in the last couple of years, out of necessity. But it's not what you think. It's not because of all the "get rich," "profit from short sales," and the "new commission stream" emails I get from all the compa
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03/29/2010
Our California Governor is threatening to veto the tax bill (SBX8 32)passed by California lawmakers last week. As part of an LA Times blog article: "Gov. Arnold Schwarzenegger announced today that he would not sign a bill lawmakers passed to bring new tax relief to homeowners and green energy
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03/18/2010
1816 Pomar Way Walnut Creek, CA 94598 Great Floor Plan in Convenient Location Home Photo Gallery Virtual Tour Property Map Payment Info Request Showing Contact Me Catherine Myers Residential Specialist Mobile:925-683-2125 Office:925-256-1600 Website:Visit Website Price : $335,000 Bedrooms : 2 Ba
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03/07/2010
I was surprised when on one of my google alerts I saw one of my own listings - no , not surprised at seeing the listing as we (brokerages) share information all the time. I was surprised at the notation on the listing: Short Sale This home is flagged as a short sale. We're sorry, we don't tour o
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03/05/2010
Clayton, CA a fabulous small city nestled beneath our gorgeous Mt. Diablo State Park . So much to offer in Clayton. I know, because it is where I call home myself! Just in the last month or so in Clayton we've seen our own Oktoberfest, Labor Day soapbox derby, a weekly Farmer's Market and our b
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10/10/2009
Fellow REALTORS and industry leaders, please help! We need SHORT SALE REFORM NOW! Our banks and servicers are being strangled by their investor guidelines. We need to jump into action together! We need to write to our law makers - locally, statewide and nationally - to let them know they must
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03/19/2009
This, I noticed today , on a new REO listing that just came up in my town. We all know the problems these days with keys that "walk away," or, doors that get left unlocked, but here is one agent's warning. Maybe its been a bad day, but I found this hilarious: "DO NOT LEAVE ANY DOOR UNLOCKED-Do
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03/16/2009
Yup, they did. 19,000 denial letters in error. I thought it was strange when one client got a denial letter a MONTH AFTER we closed escrow! Of course I got worried they used some fine print and denied it after close, refused funds and refused to reconvey. But then, another client got the lette
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03/03/2009