Hot CoCo - Contra Costa Real Estate and Relocation

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Real Estate Agent - Windermere Bay Area Properties
Real estate news, home seller services, community information, home for sale listings, short sale marketing, REO, foreclosure buying and market updates for the Diablo and San Ramon Valley areas of Contra Costa County. Short sale information, alternatives to foreclosure and confidential consultations available. First time buyer and seniors, a specialty.
RECENT BLOG POSTS
On the news that the FDIC may seize WaMu assets tonight, I took out a substantial chunk of my monies there and moved them to another.  Sure, it may have been an overreaction, but I hate the idea of not being able to get to my monies, even if just for a few days .. mortgages , and bills are all co...
09/25/2008
I do a lot of short sales.  And yes, most companies have their challenges. But none like Bank of America.  Here's the situation.  Bank of America (B of A) holds the second on a property that we are selling (short pay).  WaMu holds the first.   Both have had the short sale package since July 14th....
09/21/2008
So some say short sales never close, never work and are not worth showing... here are some Contra Costa and Alameda County short sale listings available and some noted successes (for details on any listing go to Contra Costa Real Estate.)  Much of a short sale success will depend upon the listing...
08/10/2008
For those of you who work on short sales, do you ever wish you had a competent group of other professionals to turn to in a pinch?  Couldn't our peers be an excellent resource for information on our quest for successful short sale approvals? Sometimes questions for experienced short sale agents c...
08/10/2008
I was surprised, out of the blue, to get a short sale "approval" letter for a property who's package only got into processing with them 2 weeks ago. This is a second loan on this property.  A little over 300k is owed on it. I was surprised that the letter said: "Bank of America agrees to accept $...
08/08/2008
So as you may have read over on Mike Mueller's blog entry (WaMu Locks Single Mother Out of Her Own Home), today I had a horrible phone call, the kind you don't want from a client.  Someone had changed the locks on her house! We are in the middle of short sale negotiations right now.  We are close...
07/30/2008
So on Countrywide, if you've been following along, things have slowed down again.  In fact, the one that I got a call from a negotiator right away.. has stalled, and strangly this one , with a new offer we had just sent over , the first is NO LONGER SHORT!  So its only the (also Countrywide) seco...
07/19/2008
HOW MUCH DOES IT COST TO DO A SHORT SALE? That is a question we're asked alot.  The answer is NOTHING.  At least not monetarily.  We treat these sales as a typical real estate sale whereas we're basically paid nothing unless and until the deal closes.  So we sign you up as a typical seller.  We c...
07/14/2008
So, we're not there yet, but what a relief that a big lender like Countrywide has made it a mission to streamline the process.  In case you didn't see my post on June 29th, let me recap and let you know where we are in case you're following along: June 14th:  Submitted authorization to communicat...
07/10/2008
I know any of you who also work the short sale market have probably experienced the same frustration.  You're cruising along thru the bank's short sale process... things are ok... they have verified they have what they need... they order BPO.... they get it back... they assign a negotiator... the...
07/09/2008
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Catherine Myers

Walnut Creek, CA Real Estate
smartphone(925) 683-2125
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Real estate news, home for sale listings and market updates. Short sale listings, foreclosure and REO information. Contra Costa County. Specializing in Contra Costa relocation near and far.

Contact me at 925-683-2125 or at www.DiabloValley.net